Blast Crossed Lines in ‘Messaging and Execution,’ Says Paradigm Researcher
⭐ Paradigm's Researcher, Dan Robinson, expresses enthusiasm for Blast but criticizes the project's marketing. ⭐ Robinson highlights Paradigm's concerns about Blast's marketing approach, believing it cheapens the work of a serious team. ⭐ However, Robinson commends Blast's technical abilities, and acknowledges they have been receptive in hearing out concerns.
⭐ Blast's deposit contract on Ethereum received $390 million in a few days, comprising $340 million in ether and $50 million in stablecoins. ⭐ Controlled by a 5-key multisig, concerns arise over the security and independence of key holders in the Blast project. ⭐ Despite rapid growth and backing by notable firms and personalities, Blast faces skepticism and regulatory concerns from the crypto community.