Post
Topic
Board Altcoin Discussion
Re: Why are crypto devs so greedy
by
Silberman
on 21/11/2022, 05:51:54 UTC
The majority of crypto collapse always comes from the centralisation part and of cos the human greed, what do you think is the proper solution for these? To avoid hurting crypto investors and how to guarantee that their funds is safe with any platform, either Staking, Lending or Trading.

What is the way forward? What solution do you think will be effective?
Most of the projects created in this market are scams to begin with, and as you may guess the purpose of such projects is to enrich the developers, so in those cases there is nothing which can be done, however the few legitimate projects which are out there suffer from a centralization of power, in which the developers can do whatever they want and there is not system in place to regulate their actions, this is the same issue we have with fiat currencies and it is the reason behind some of the biggest crashes we have seen in this market, so with this in mind decentralization seems like the only answer we have available at this time.