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2026-10-08 17:52:55 UTC

dgy on Nostr: The Liquid hack was an illustration of how a centralized chain may be in the future: ...

The Liquid hack was an illustration of how a centralized chain may be in the future: Everyone is running the same implementation, but the node runners do not have any real agency. They do what they are told and a centralized entity can stop and start the chain at its whim. No one seems to verify anything anymore.