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DeFi group raises centralization considerations over Compound Chain By Cointelegraph

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DeFi group raises centralization considerations over Compound Chain

DeFi lending protocol Compound printed a white paper on Thursday introducing Compound Chain, a brand new blockchain geared toward offering cross-chain worth switch functionality.

Reactions to the information have been overwhelmingly detrimental with many respondents on social media taking challenge with the perceived centralization considerations related to the undertaking. Maybe anticipating a detrimental response from “Crypto Twitter,” Compound Labs even restricted replies on its tweet asserting the undertaking.