🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Jake Brukhman refutes the doubts about the "progressive decentralization" strategy, stating that decentralization has commercial value.
According to Deep Tide TechFlow news, on May 5th, CoinFund Founder and CEO Jake Brukhman expressed his views on the effectiveness of the "progressive decentralization" strategy on social media. He stated that there have been many successful cases in recent years, including several DeFi projects giving up secret key control, The Graph transitioning from hosted services to a decentralized network, and the decentralization of centralized sorters in layer 2 networks.
Brukhman emphasized that Decentralization has significant advantages in the business environment: it can reduce the costs of custody and counterparty risks in the financial environment, and companies can avoid taking on the responsibility for user data security. He also mentioned that Google's recent adoption of zero-knowledge proof technology in the privacy field is an example. He believes that there are no technical barriers to transitioning to Decentralization; projects can switch to decentralized storage simply by changing the URL. The main constraints on the development of Decentralization currently are trends, movements, and (until recently) regulatory and technological acceptance.