1/? With today's news of Tornado Cash being sanctioned by the US government
Its time to re-think about decentralisation
A thread on this
#cryptocurrency #TornadoCash #ethereum
Its time to re-think about decentralisation
A thread on this
#cryptocurrency #TornadoCash #ethereum
2/?
RPCs
(very important component of web3)
RPCs are not decentralised.
Infura and AlchemyPlatform blocked RPC requests for Tornado Cash
RPCs
(very important component of web3)
RPCs are not decentralised.
Infura and AlchemyPlatform blocked RPC requests for Tornado Cash
3/? Code repositories like GitHub are not decentralised
accounts of developers of Tornado Cash were suspended
(need a decentralised version of GitHub, maybe?)
accounts of developers of Tornado Cash were suspended
(need a decentralised version of GitHub, maybe?)
4/? USDC stablecoins frozen of suspected users of Tornado Cash by Circle
need for a good and reliable decentralised stablecoin?
need for a good and reliable decentralised stablecoin?
5/? When you have the most critical components of web3 centralised, then you should not even think of calling it decentralised until it truly is.
Lot more work to be done in web3 to reach that level.
Lot more work to be done in web3 to reach that level.
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