# Decentralization Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Decentralization", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Multicoin Co-founder: Is Decentralization Always Slower Than Centralization? PropAMM Is Breaking This Bias

In a recent article, Multicoin Capital co-founder Kyle Samani argues that PropAMM (Proactive Automated Market Maker) on Solana represents one of the most significant innovations in market microstructure in decades. It challenges the long-held belief that decentralized systems are inherently slower than centralized ones due to global node communication. In traditional centralized exchanges (CEXs), market makers co-locate servers and engage in constant bidirectional communication with the exchange to update orders, resulting in latency. In contrast, PropAMM runs market-making algorithms directly on the Solana blockchain, eliminating the need for inter-server messaging. Price updates occur within the same physical silicon, drastically reducing latency. PropAMM already offers narrower spreads for SOL-USDC spot trading than major CEXs. Samani predicts it will dominate on-chain trading across spots, perpetuals, and prediction markets in 2024. Current challenges include non-deterministic routing and lack of guaranteed best execution for takers, but solutions from aggregators like Jupiter and dFlow are expected. Upcoming Solana upgrades—such as higher compute limits, reduced slot times, and lower network latency—will further enhance PropAMM performance, solidifying its advantage over traditional systems.

marsbit03/13 06:22

Multicoin Co-founder: Is Decentralization Always Slower Than Centralization? PropAMM Is Breaking This Bias

marsbit03/13 06:22

The Fall of Crypto Actually Has Little to Do with Scamming Retail Investors

The decline of Crypto is not primarily due to "scamming retail investors," but stems from deeper structural issues, according to a seasoned Crypto OG. Key problems include: 1. **Misunderstanding of Bitcoin’s Whitepaper**: The core concept is not "decentralization" (a term absent in the whitepaper) but "distributed trust architecture" — eliminating the need for trusted third parties. Many projects fail to achieve even basic distributed systems while overusing decentralized rhetoric. 2. **Loss of Incremental Users**: Grand narratives (Web3, Metaverse, GameFi, etc.) have oversold the technology’s capabilities, leading to repeated user disappointment and eroded trust. The market now suffers from a lack of new participants. 3. **Erosion of Community Belief**: Many communities engage in "narrative engineering" — using complex jargon to attract new users while insiders anticipate selling at peaks. This creates a cycle of hype, pump, and dump, damaging overall market credibility. 4. **Premature Financialization**: Crypto prioritized token launches and financialization before establishing robust infrastructure or mature applications. This led to overvaluation and repeated failures when technology couldn’t support inflated prices. 5. **Shift in Attention**: Human attention is moving from social and community interactions (like Telegram and Discord) toward AI-driven engagement. As an attention-dependent market, Crypto is naturally declining as interest wanes. The OG concludes that while Crypto isn’t dead, its current narrative has ended. The real tragedy is exhausting two decades of storytelling in just three years, before the underlying technology was ready. Scams are inevitable in markets, but the absence of new believers is fatal.

比推03/12 18:31

The Fall of Crypto Actually Has Little to Do with Scamming Retail Investors

比推03/12 18:31

Justin Sun Faces Scrutiny Over Dual Control of TRON and TRX Treasury

TRON Inc. has acquired 173,514 TRX tokens at an average price of $0.2882 to expand its treasury reserves of the network's native asset. This move has drawn attention to Justin Sun's significant influence over the TRON ecosystem, including its strategic direction, development, and treasury management. While his leadership is seen by some as beneficial for driving innovation and growth, it has also raised concerns among market observers about transparency, accountability, and centralized control. The debate reflects broader discussions in crypto about governance models, balancing strong leadership with decentralized oversight to ensure long-term trust and project stability.

TheNewsCrypto03/09 14:45

Justin Sun Faces Scrutiny Over Dual Control of TRON and TRX Treasury

TheNewsCrypto03/09 14:45

Ethereum's Narrative Is Being Rewritten: When L1 zkEVM Becomes the Endgame, When Will the Next Revolution Arrive?

Ethereum's narrative is undergoing a significant rewrite, shifting from a programmable ledger (2015-2020) to an L2-centric settlement layer (2021-2023), and now toward becoming a verifiable computer with L1 zkEVM as its endgame (2024 onward). The newly proposed Strawmap roadmap outlines an ambitious technical direction, targeting faster L1 confirmation, "Gigagas"-level throughput (10,000 TPS), quantum resistance, and native privacy. This transformation is driven by eight core technical workstreams: formalizing EVM specifications, replacing Keccak with ZK-friendly hashes, transitioning to Verkle Trees, enabling stateless clients, standardizing ZK proof systems, decoupling execution and consensus layers, implementing recursive proof aggregation, and ensuring developer toolchain compatibility. L1 zkEVM aims to integrate zero-knowledge proofs directly into Ethereum’s consensus layer, fundamentally upgrading its trust model. While full implementation may take until 2028-2029, this shift repositions Ethereum as the verifiable trust root for the entire Web3 ecosystem—enhancing scalability without compromising decentralization. The move also redefines the role of L2s, evolving them from scaling solutions to specialized execution environments. Ethereum’s structured, multi-year effort reflects its unique capacity for coordinated innovation and may ultimately establish it as a global settlement layer—fast, secure, and private.

marsbit03/07 07:12

Ethereum's Narrative Is Being Rewritten: When L1 zkEVM Becomes the Endgame, When Will the Next Revolution Arrive?

marsbit03/07 07:12

Vitalik's Latest Reflection: Ethereum is Stuck in Path Dependency, It's Time to Start Anew from First Principles

Vitalik Buterin calls for the Ethereum community to break free from path dependency and rethink the ecosystem’s application layer from first principles. He emphasizes the importance of preserving core properties—censorship resistance, open source, privacy, and security (CROPS)—while encouraging more radical openness in how applications and external interfaces are designed. He suggests reevaluating technical assumptions, such as the future of browser plugins and mobile wallets in light of AI advancements, and proposes rebuilding the stack with privacy as a foundational priority. Examples include reimagining DeFi as generalized futures markets built on decentralized oracles, possibly verified via zk-SNARKs and LLMs, and reconsidering the role of L2s. Buterin also highlights cultural shifts, advocating for a break from conventional “professional” norms to unlock greater creativity. He urges developers to ignore existing ecosystem constraints, pretend current usage is zero, and imagine the most valuable applications as if starting from scratch today. In response to a comment, he clarifies that integration with traditional finance remains important for mainstream adoption, but the goal is to overcome internal path dependencies within Ethereum’s own application and wallet history—for instance, by exploring privacy-focused designs like Railgun or Aztec for payments without exposing addresses.

marsbit03/06 10:35

Vitalik's Latest Reflection: Ethereum is Stuck in Path Dependency, It's Time to Start Anew from First Principles

marsbit03/06 10:35

What Are the Highlights of Ethereum's Most Important Glamsterdam Upgrade This Year?

Ethereum's upcoming Glamsterdam upgrade, a major mid-year update, focuses on execution-layer improvements, building upon the data-layer enhancements of the previous Fusaka upgrade. The core features include ePBS (enshrined Proposer-Builder Separation) and BAL (Block Access List). ePBS (EIP-7732) formally bakes the separation of block building and validation roles into the protocol, moving away from reliance on third-party relays. This aims to reduce trust assumptions, prevent centralization at the validator level, and improve network efficiency. BAL allows block builders to pre-declare which accounts and storage locations a block's transactions will access, enabling validators to prepare data and verify transactions in parallel, significantly boosting throughput. Additional changes include gas fee re-pricing and multi-dimensional gas, which are expected to lower costs for average users while increasing overall network capacity (though potentially raising costs for some developers). For stakers, the upgrade promises a clearer income model and greater block selection power, smoothing out MEV rewards. However, the full potential of ePBS is dependent on a future upgrade (Hegotá) to implement FOCIL (Fork Choice-Enforced Inclusion Lists), which would give validators a final tool to combat transaction censorship. Potential challenges include the upgrade's high complexity, the risk of new forms of validator centralization, and the fact that toxic MEV (e.g., front-running) may persist, merely shifting elsewhere. Ultimately, Glamsterdam represents a significant step in Ethereum's commitment to decentralization, potentially increasing its trust and adoption.

marsbit03/06 01:12

What Are the Highlights of Ethereum's Most Important Glamsterdam Upgrade This Year?

marsbit03/06 01:12

When Asia-Pacific Stock Markets Plunge Below Circuit Breaker, Why Does Bitcoin Stand Out?

Amid escalating Middle East tensions that triggered a historic sell-off in Asia-Pacific equities on March 4, Bitcoin demonstrated unexpected resilience. While South Korea’s KOSPI plummeted 12%, its worst drop in history, and Japan’s Nikkei 225 fell 3.7%, Bitcoin rebounded after a brief dip, surging past $74,000 to a two-week high. The divergence stems from structural and fundamental differences between traditional equities and crypto. Asia-Pacific markets, heavily reliant on energy imports, faced direct economic risks from soaring oil prices due to disruptions in the Strait of Hormuz. In contrast, Bitcoin’s fixed supply and decentralized nature positioned it as a hedge against inflation and currency devaluation. Crypto markets, operating 24/7, priced in geopolitical risks ahead of traditional markets, reflecting higher pricing efficiency. Additionally, equities entered the crisis with high valuations and leverage, whereas crypto had undergone prior corrections, reducing speculative excess. Institutional participation via Bitcoin ETFs also provided stability, dampening volatility. This episode underscores a shift in asset perception: crypto is increasingly seen as a global, non-sovereign store of value amid geopolitical turmoil, while regionally tethered assets face heightened vulnerability.

marsbit03/05 10:50

When Asia-Pacific Stock Markets Plunge Below Circuit Breaker, Why Does Bitcoin Stand Out?

marsbit03/05 10:50

Vitalik's Rare Self-Criticism: Ethereum Missed the Truly Important Battlefield

In a rare self-critique, Ethereum co-founder Vitalik Buterin reflects on Ethereum’s limited role in addressing critical global issues such as government overreach, corporate power, surveillance, and digital warfare. While acknowledging the importance of financial freedom, he argues that a decentralized financial system alone cannot solve deeper societal problems. Instead, he proposes a new direction: building “sanctuary tech”—a resilient, open-source ecosystem that enables people to live, work, communicate, and collaborate with reduced dependence on centralized power. The goal is not to reshape the world in Ethereum’s image, but to create digital spaces that resist control and weaponization of interdependence. Buterin calls for Ethereum to focus on building tools for those who need digital refuge and to collaborate broadly within and beyond the crypto space to advance this vision.

marsbit03/05 03:18

Vitalik's Rare Self-Criticism: Ethereum Missed the Truly Important Battlefield

marsbit03/05 03:18

Ripple Outlines Next Steps After Critical XRP Ledger Batch Amendment Bug

Ripple is implementing stricter security measures for the XRP Ledger amendment process after a critical bug was discovered in the proposed Batch amendment (XLS-56). The flaw, identified by Cantina AI, was caught before activation, preventing any mainnet impact. RippleX Head of Engineering J. Ayo Akinyele acknowledged the amendment "progressed further than it should have" and emphasized the need for higher review standards. While the network's safeguards worked as a final defense, Ripple is taking steps to make them a primary one. Proposed changes include mandatory multiple independent audits for high-risk features, an expanded bug bounty program, and formal adversarial testing. The company is also incorporating AI-assisted code review and aims to make formal verification standard for critical ledger components.

bitcoinist03/04 17:32

Ripple Outlines Next Steps After Critical XRP Ledger Batch Amendment Bug

bitcoinist03/04 17:32

Vitalik Buterin Says Ethereum Must Evolve Into ‘Sanctuary Tech’ to Defend Human Freedom

Vitalik Buterin, co-founder of Ethereum, has called for the platform to evolve into "sanctuary tech" to defend human freedom against increasing centralized control. He emphasized that such technology should enhance user freedom, reduce reliance on intermediaries, and protect data privacy and free speech. Buterin highlighted Ethereum’s open infrastructure as a foundation for rights-respecting innovation and pointed to decentralized finance and smart contracts as tools for improving financial inclusion. He also stressed the importance of robust governance, anti-censorship protocols, interoperability with other networks, and alignment with laws that safeguard freedoms. Buterin encouraged ongoing research and collaboration, noting that community-driven efforts are essential for developing censorship-resistant technologies and strengthening societal resilience.

TheNewsCrypto03/04 12:09

Vitalik Buterin Says Ethereum Must Evolve Into ‘Sanctuary Tech’ to Defend Human Freedom