I really see this as the starting point in these systems and sort of wild wild west.
But its absolute true that exchanges just keep geting bigger and bigger with more power.
If this continues in the end they will compound power and we will see just another corporate structures emerge.
Right, it sure seems that's what's happening. For all the talk about creating a new financial system and how revolutionary blockchain tech is - it's really starting to mirror finance 1.0 in so many ways.
We're seeing more and more of the same trading markets and tools like margin trading and futures coming out. I feel like we're seeing less innovation not more.
We claim our chains are decentralized. Now we need to proof this and block centralization attacks
we have to get rid of these people..
but through which mechanic?