Quote from: Huppercase on April 12, 2024, 09:51:06 PM

After what SEC write to Uniswap founder about their protocols and their offense, I think I now understand why some of the founders of platforms that are decentralized always goes anonymous and don't want to be known by the public, this is some of the reason I thought so too. The regulations are quite not friendly again, now imagine if someone is out there trying to develop something much better than Uniswap using the exchange as a prototype or as a sample for future design since it's open source.

To be honest, we can't have decentralization as we want, when government smells some little things they don't like or seeing that a place is becoming bigger beyond their control, they will put that place in other with their tight regulations and also makes sure the are been press charge. It's even like SEC loves places that involves money and yet you wouldn't see where the money they collected goes to, all they understand is sue and sue but can't build anything better for people.

Exactly. Developers must stay anonymous if they really want to protect decentralization + censorship-resistance. The problem is that most investors won't trust a project without publicly-known developers. Especially VCs and institutional investors. They'll believe it's a scam.

It's this reason why most crypto projects reveal the true identities of their creator. This is bad because it makes it easier for governments to prosecute developers when they find something they don't like (like what happened with the Tornado.Cash mixer). We have Ethereum's Vitalik Buterin, Cardano's Charles Hoskinson, Polkadot's Gavin Wood, etc. Only a small portion of crypto projects were developed by an anonymous person (or a group of people). Bitcoin's founder is unknown, but most developers from the Bitcoin Core project are known to the public. I guess we'll never be able to experience true censorship-resistance.

As I've stated before, decentralized marketplaces will remain a niche to those who actually care about their privacy or want to circumvent government restrictions. The majority will keep using centralized marketplaces (eBay, Amazon) out of convenience. At least, we have a choice. Grin