No, it is not centralized, there are plenty of full node operators. No, its tokens and bridges are not worthless, they add privacy to dexes on multiple blockchains.
- There is no requirement to use the token for any other purpose than that. If you do use the bridges or dex, there is usually no slippage as it's liquid. The wallet and pTokens (wrapped cryptos on their privacy chain) are equally as easy to exit back to the original mainnet as they are to enter from the mainnet.
How much nodes there are exactly and who operates them, except ''boss'' who created this ''revolutionary'' magical machine with his buddies?
All bridges are centralized and controlled by few amateurs, dand it's going to be like in one old English song... London Bridge Is Falling Down.
You can believe and use whatever you want, but we are talking about Bitcoin and bitcoin related stuff here.
If I may clarify with you both - wrapped tokens that enable utility and are sufficiently liquid are still by default classified as shitcoins here?
Correct, they are basically worthless wrapped shit on centralized blockchains, and I really doubt there is any real liquidity there.
Just look back in recent history and see how many ''bridges'' got hacked and coins stolen, how many ''stable'' coins stopped existing, how many ''usable'' exchange tokens like FTT gone to zero.