Blast community hits $400M TVL, rebuts declare that it’s too centralized

Web3 protocol Blast community has gained over $400 million in whole worth locked (TVL) within the 4 days because it was launched, in keeping with knowledge from blockchain analytics platform DeBank. However in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the brand new community poses important safety dangers as a result of centralization.

The Blast group responded to the criticism from its personal X (previously Twitter) account, however with out instantly referring to Watts’ thread. In its personal thread, Blast claimed that the community is as decentralized as different layer 2s, together with Optimism, Arbitrum and Polygon.

Proceed Studying on Cointelegraph