DeFi Daily News
Wednesday, July 30, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Cryptocurrency Bitcoin

rewrite this title with good SEO Hyperliquid Faces Backlash Over Centralization Issues, HYPE Token Drops 15%

Peter Macharia by Peter Macharia
January 8, 2025
in Bitcoin
0 0
0
rewrite this title with good SEO Hyperliquid Faces Backlash Over Centralization Issues, HYPE Token Drops 15%
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

KeyTakeaways:

Validators accuse Hyperliquid of centralization, limiting wider participation.  Hyperliquid clarifies its validator structure, dismissing claims of paid seats.  HYPE token drops 15% amid growing concerns over decentralization flaws.  

Hyperliquid is under increasing scrutiny following criticisms from validators concerning the platform’s centralization and lack of transparency. Validators and influential figures in the crypto community have highlighted flaws within Hyperliquid’s infrastructure, leading to a 15% drop in the price of its HYPE token.  

The backlash stemmed from concerns raised by Kam, a prominent figure in the crypto space, who called attention to the platform’s overly centralized validator structure. Kam accused Hyperliquid of limiting participation and fostering an environment that stifles competition. 

He pointed out that the current validator system heavily favors those involved in the initial testnet, creating barriers for new participants.  

In response to these allegations, Hyperliquid defended its validator model, clarifying that all validators earned their positions based solely on performance during the testnet phase. 

The platform denied claims that validators could purchase their seats, emphasizing the efforts of those who dedicated time and resources to the system’s development.  

Despite the controversy, Hyperliquid remains committed to decentralization. The platform outlined plans to expand the validator set as the blockchain matures, introducing the Foundation Delegation Program to support high-level validators and foster a more decentralized ecosystem.

Moreover, Hyperliquid responded to concerns about its API server, stating that it can run servers pointing to any node, contrary to centralization claims.  

Additionally, the project addressed its closed-source code, assuring users that open-sourcing would occur once development is stable and secure. Hyperliquid’s response aimed to quell fears about its future and reassure users of its commitment to transparency and decentralization.  

As the controversy intensifies, the broader crypto community questions the platform’s long-term viability. Despite the pushback, Hyperliquid remains determined to innovate and push forward, focusing on making financial transactions more transparent and inclusive.  

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BacklashCentralizationDropsfacesGoodhypeHyperliquidIssuesrewriteSEOtitletoken
ShareTweetShare
Previous Post

rewrite this title Quantum stocks like Rigetti plunge after Nvidia’s Huang says the computers are 15 to 30 years away

Next Post

rewrite this title South Korea’s FSC Moves to Allow Corporate Investments in Crypto Assets

Next Post
rewrite this title South Korea’s FSC Moves to Allow Corporate Investments in Crypto Assets

rewrite this title South Korea’s FSC Moves to Allow Corporate Investments in Crypto Assets

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

June 22, 2025
rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

October 26, 2024
Top 19 crypto coins that will EXPLODE in July 2025!!

Top 19 crypto coins that will EXPLODE in July 2025!!

July 2, 2025
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

November 15, 2024
rewrite this title with good SEO Ray Dalio Advises Allocating 15% In Bitcoin Or Gold To Brace For What’s Coming. | Bitcoinist.com

rewrite this title with good SEO Ray Dalio Advises Allocating 15% In Bitcoin Or Gold To Brace For What’s Coming. | Bitcoinist.com

July 30, 2025
rewrite this title and make it good for SEOSensex opens over 250 pts higher, Nifty50 10 pts shy of 24,900

rewrite this title and make it good for SEOSensex opens over 250 pts higher, Nifty50 10 pts shy of 24,900

July 30, 2025
rewrite this title Ethereum ETF inflows cross .3B in a week as demand intensifies

rewrite this title Ethereum ETF inflows cross $2.3B in a week as demand intensifies

July 29, 2025
rewrite this title Teucrium’s 2x XRP ETF tops 0M in flows, dominates 52% of the market

rewrite this title Teucrium’s 2x XRP ETF tops $300M in flows, dominates 52% of the market

July 29, 2025
rewrite this title PayPal Unveils PayPal World to Facilitate Global Payments – Finovate

rewrite this title PayPal Unveils PayPal World to Facilitate Global Payments – Finovate

July 29, 2025
rewrite this title My Best Friend’s Wedding sequel in the works with Celine Song set to write the script

rewrite this title My Best Friend’s Wedding sequel in the works with Celine Song set to write the script

July 29, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.