RIP Satoshi s vision report finds only 16 of cryptocurrencies are decentralized
Get the Full StoryAn overwhelming majority of cryptocurrency and blockchain projects cryptoassets on the market today are centralized in one way or another. Even more startling, 85 percent of development teams have the authority to alter their cryptoassets protocol at their own discretion. These are just some of the findings presented by blockchain and cryptocurrency research unit CryptoCompare, in its yearly taxonomy of the cryptocurrency sector. The study analyzed hundreds of cryptoassets with the intention of classifying cryptocurrency projects and blockchain platforms. Among other things, the report acts as a decentralization thermometer for the cryptocurrency market. It has indiciated a growing trend towards centralization,… This story continues at The Next WebShare: