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by TrapLord_Rhodo
1473 days ago
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Okay - I am fairly bullish on crypto, but it's this kind of thing that gives the rest of crypto a bad name. Consensus Capital Markets gives validators even more incentive to collude, Just like MEV. There has been numerous occasions where MEV has broken concensus. Theoretically these two concepts are the antithesis of what a blockchain is supposed to do. These kind of 'Innovations' in harming the ecosystem tremendously. They are taking the centralized nature of normal orderbooks and trying to shove that into crypto. Mirror was one of the reasons Terra failed and this concensus capital markets allowed the validators to absolutely make a killing during the collapse. |
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