Ardor
$0.06831 5.05%
ARDR · 4d

Is Ardor truly decentralized?

If Jelurida has control over who can and can not create a child chain, is Ardor ecosystem truly decentralized? It sounds like Ardor has a setup like what Binance has started with SmartChain "In fact, “It's not quite logical to compare Binance to Ethereum at this point,” he said. Binance is a *company*, centralized as they come, while Ethereum is a decentralized network. And while DeFi on Ethereum is an $8 billion industry, DeFi on Binance is also far smaller; transaction volume on Binance Smart Chain is just 14% of Ethereum. This makes it easier for Binance to control the ecosystem, like choosing which projects to support on Launchpool or fixing bugs. " [https://decrypt.co/41787/binance-aims-sights-ethereum-defi-yield-farming-play](https://decrypt.co/41787/binance-aims-sights-ethereum-defi-yield-farming-play)
Go to self.Ardor
Recent news