DeFi community raises centralization concerns over Compound Chain
Cointelegraph
Published Dec 18, 2020 10:34AM ET
Updated Dec 18, 2020 12:40PM ET
DeFi lending protocol Compound published a white paper on Thursday introducing Compound Chain, a new blockchain aimed at providing cross-chain value transfer capability.
Reactions to the news have been overwhelmingly negative with many respondents on social media taking issue with the perceived centralization concerns associated with the project. Perhaps expecting a negative response from "Crypto Twitter," Compound Labs even limited replies on its tweet announcing the project.
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Written By: Cointelegraph
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