Decentralization


Tech

Flow scraps blockchain 'rollback' plan after community backlash over decentralization

The layer-1 network reversed course after ecosystem partners warned that rewriting chain history would undermine decentralization and create operational risks following a $3.9 million exploit.

Blockchain Technology

Tech

‘Most important tokenholder rights debate’: Aave faces identity crisis

The Aave community has become sharply divided over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the DAO and Aave Labs.

person casting votes

Tech

Cloudflare Outage Sends Shockwaves Through Crypto, Renewing Push for DePIN

Some in the crypto world have called for DePIN to be more widely adopted to combat internet outage issues.

A plug disconnected from its electricity socket.

Opinion

The AWS Outage Shows Why Crypto Can't Keep Relying On Centralized Infrastructure

For an industry that prides itself on decentralization and constantly lauds its benefits, crypto exchanges being so reliant on vulnerable centralized cloud platforms for their own infrastructure feels like hypocrisy, argues Dr. Max Li, founder and CEO of OORT.

Old computer (Unsplash/Theo/Modified by CoinDesk)

News Analysis

Crypto’s ‘Decentralized’ Illusion Shattered Again by Another AWS Meltdown

The October AWS outage took down some of crypto’s most prominent companies and networks. Many in the community pointed out their lack of decentralization.

A plug disconnected from its electricity socket.

Finance

Daylight Raises $75M to Build Decentralized Energy Network

The funding combines equity and project financing to connect DeFi capital with real-world electricity infrastructure

Electricity (Joe/Pixbay, modified by CoinDesk)

CoinDesk Indices

The Web Needs a Better Model

Dominated by platform giants like Amazon and Google, the internet has strayed from Web3’s original vision of decentralization, but innovations like state channels now offer a path back by enabling fast, secure, peer-to-peer interactions without trusted intermediaries, says Alexis Sirkia of Yellow Network.

Man Crouching with Camera and Mountains in Background

Tech

Jack Dorsey Unveils Bitchat: Offline, Encrypted Messaging Inspired by Bitcoin

Much like Bitcoin eliminates reliance on centralized intermediaries in finance, Bitchat would removes central authorities from digital communication.

Jack Dorsey

Tech

Vitalik Buterin: Ethereum at Risk If Decentralization Is Just a Catchphrase

Speaking at EthCC in France, Ethereum’s founder said developers need to stay true to crypto’s principles amid a wave of corporate blockchain adoption.

Vitalik Buterin

Tech

Coinbase’s Base Network Achieves ‘Stage 1’ Status, Reducing Centralization Risk

The move means that Base will now have a security council which will help approve certain network upgrades if needed.

Jesse Pollak (courtesy Winni Wintermeyer/Coinbase)