Tornado Cash Illustrates Crypto’s Decentralization Problem

Crypto has a decentralization problem. And it’s not that it’s too decentralized. Nor is it that the decentralization de facto is non-existent due to the mining power being centralized at a few players. It’s that crypto fundamentally is not decentralized, which creates some interesting, potentially unsolvable problems. Crypto is the “money” of choice for crime. […]

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