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📰 @VitalikButerin at Devconnect Argentina
Vitalik said the collapsed exchange FTX is the “opposite example” of Ethereum’s philosophy — relying on centralization and user trust, while Ethereum is built on decentralization, transparency, and community-driven upgrades.
He added: “FTX was a company; Ethereum is a community.”
And centralization, he noted, was at the core of FTX’s downfall.
Source: Decrypt
#CryptoNews #Ethereum #FTX #Web3