Binance Square
LIVE
LIVE
Crypto PM
Bullish
--677 views
Rocket Pool, a liquid staking project, plans to achieve full decentralization in response to concerns raised by a competitor. Dmitry Gusakov from Lido Finance highlighted issues with Rocket Pool's governance, specifically the centralized control of smart contracts by a single account. Rocket Pool acknowledged the need for on-chain governance development and committed to resolving decentralization gaps in their upcoming Saturn upgrade. They emphasized their long-term focus on achieving complete decentralization through the development of a fully decentralized on-chain voting system. The competitor, Gusakov, expressed hope that Rocket Pool would phase out centralized control as the project matures. #rocketpool #rocket #liquidstaking #staking #pool

Rocket Pool, a liquid staking project, plans to achieve full decentralization in response to concerns raised by a competitor. Dmitry Gusakov from Lido Finance highlighted issues with Rocket Pool's governance, specifically the centralized control of smart contracts by a single account. Rocket Pool acknowledged the need for on-chain governance development and committed to resolving decentralization gaps in their upcoming Saturn upgrade. They emphasized their long-term focus on achieving complete decentralization through the development of a fully decentralized on-chain voting system. The competitor, Gusakov, expressed hope that Rocket Pool would phase out centralized control as the project matures.

#rocketpool #rocket #liquidstaking #staking #pool

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@CryptoPM

Explore More From Creator

--
Elon Musk's Starlink 🛰️, the satellite internet network, is finally seeing the light at the end of the tunnel, turning a profit after years of hard work and investment. 🌟 SpaceX, Musk's aerospace company, sent its first test satellites into orbit back in 2018, and since then, they've been steadily building up their fleet to over 6,300 satellites. Despite the hefty initial costs 🤑 of building and maintaining the satellite network, recent research suggests that Starlink is on track to start making a profit after about five years. 📈 With an estimated 3 million subscribers around the world 🌍, Starlink is expected to rake in about $6.6 billion in revenue in 2024, with a sweet $600 million of that expected to land in their pockets as profit. 💰 Chris Quilty from Quilty Space has been singing SpaceX's praises, highlighting their innovative approach 🚀, including those reusable rockets and cleverly designed satellites. These strategies have helped cut costs and make operations more efficient, contributing to Starlink's success. Looking ahead, there's even more excitement brewing! 🌟 The introduction of SpaceX's Starship models could take Starlink to new heights by allowing them to launch larger and more advanced satellites. 🚀 This could open up new avenues, like using cellular data directly without needing those Starlink antennas. 📡 More possibilities mean more potential profit for Starlink! In the end, Starlink's journey to profitability is a testament to SpaceX's groundbreaking efforts in the aerospace industry, and it looks like they're set to soar even higher in the future! 🌌🚀 $BTC $ETH $BNB #Elon #StarLink #Starlink
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs