Decentralised networks are not anarchy networks
AI summary of the linked articleSui network validators have stopped processing transaction requests from the individual accused of stealing over $220 million in cryptocurrency from Cetus Protocol, and Dr. Rasit Tavus, founder and CEO of LegalBlock, argues that decentralisation does not mean anarchy. He argues that validators and miners hold real responsibilities for network integrity, and that users who transact on a blockchain place an implicit trust in its operators that creates a duty to protect their assets. He also argues that acting against illicit activity is lawful when participating members agree, and that such a decision becomes part of the consensus process. |
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