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by netheril96 1597 days ago
Crypto is not monolithic. Bitcoin is still by far the most decentralized token. Many new crypto currencies have more or less centralized characteristics.

But in this case, the bridge is a smart contract. You too can create a smart contract with full power given to yourself. So being a smart contract does not say that it’s centralized or decentralized. A decentralized smart contract is called DAO, if we omit some details.