Carolyn Wilkins, a senior adviser to the Bank of England, believes that decentralized finance is not as “decentralized” as claimed.
Wilkins, an adviser to the Bank of England, said that his management power in the crypto money and DeFi world is too much. “condensed” that and that illegal activity, financial damage He said it paved the way for such events.
According to Wilkins, if this problem is not resolved, investors in the crypto money world will lose their feelings about the products and services they use. they can lose trust.
In an April 2022 study examining 50 major cryptocurrencies working with the proof-of-stake algorithm, top 10 validatorsthe total amount of stakes on the platform Controlled between 47% and 100% had been suggested.
Digital asset regulations in many countries, including the United Kingdom, are not yet fully prepared. Wilkins, in this process, can be managed securely It calls on both the private sector and DeFi investors to take action.