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Monday, May 20, 2024
bitcoin
Bitcoin (BTC) $ 66,941.94
ethereum
Ethereum (ETH) $ 3,088.04
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 571.30
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USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.51243
binance-usd
BUSD (BUSD) $ 0.997057
dogecoin
Dogecoin (DOGE) $ 0.151227
cardano
Cardano (ADA) $ 0.466234
solana
Solana (SOL) $ 176.54
matic-network
Polygon (MATIC) $ 0.683589
polkadot
Polkadot (DOT) $ 7.00
tron
TRON (TRX) $ 0.121943
HomeFinanceBlast community hits $400M TVL, rebuts declare that it’s too centralized
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Blast community hits $400M TVL, rebuts declare that it’s too centralized

Web3 protocol Blast community has gained over $400 million in complete worth locked (TVL) within the 4 days because it was launched, in response to knowledge from blockchain analytics platform DeBank. However in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the brand new community poses important safety dangers attributable to centralization.

The Blast workforce responded to the criticism from its personal X (previously Twitter) account, however with out immediately referring to Watts’ thread. In its personal thread, Blast claimed that the community is as decentralized as different layer 2s, together with Optimism, Arbitrum and Polygon.

Proceed Studying on Cointelegraph

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