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A comment on Temporary pause of Bitcoin withdrawals on Binance. Parent comment

Re:Temporary pause of Bitcoin withdrawals on Binance by menzoic on Monday June 13, 2022 @10:15AM (#31725896)
> As usual crypto in practice is the opposite of decentralized

Binance is a centralized exchange. There are both centralized and decentralized exchanges.

> people. Will. Not. Run. Their. Servers. Moxie nailed it

People don't need to run their own servers. They just need to use a light client which is even light even for mobile and browser extensions https://eth.wiki/concepts/light-client-protocol Light clients existed before Moxie's post

The only problem is adoption of secure practices by popular publishers, like Metamask.

Side note: Opensea isn't decentralized either, its a centralized NFT exchange.

[ Parent | on HN ]
Re:Temporary pause of Bitcoin withdrawals on Binance by ricardobayes on Monday June 13, 2022 @10:50AM (#31726392)
Good luck getting people to use even a semi-updated web browser, let alone deal with an extension
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Re:Temporary pause of Bitcoin withdrawals on Binance by Siira on Tuesday June 14, 2022 @07:48PM (#31747467)
Laziness has costs, that’s not a new thing. You want something, you have to work for it.
[ Parent | on HN ]