Skip to Content

Buterin has reiterated his positive stance on decentralization, claiming that by developing “better” decentralized platforms, the  crypto community should be able to take away the “stupid King making power” from centralized crypto exchanges.

“I definitely personally hope centralized exchanges burn in hell as much as possible.”

The creator of Ethereum criticized centralized platforms for having the ability to decide which cryptocurrencies “become big.” According to Buterin, they do this by charging “these crazy ten to fifteen million dollar listing fees.” He then added that further decentralization would better satisfy the “blockchain values” of “openness and transparency.”

@peakdemand

Join in on the conversation with Alex Masters Lecky when you subscribe to CRYPTONICLES.