Using Mining To Create More Fully Validating Bitcoin Users

Bitcoin’s value proposition relies on its ability to resist any type of censorship. Without that feature, Bitcoin loses its power to challenge and resist any authority that wants to subjugate Bitcoin to the same rules that apply in the traditional world. With this in mind, it’s paramount that bitcoin has no central points of failure whatsoever. If there is a gatekeeper, there is a vulnerability. If there is a vulnerability, it will be exploited. And at that point, Bitcoin as an exercise of free and decentralized digital money simply stops.…

Hyperliquid addresses concerns over validator selection and network centralization

Key Takeaways Hyperliquid denies allegations of selling validator seats and outlines future decentralization efforts, including a delegation program. Community feedback highlights issues with closed-source code and validator selection, prompting Hyperliquid to pledge improvements. Share this article Hyper Foundation denied allegations about its validator selection process for the Hyperliquid perpetuals trading platform and Layer 1 blockchain in a detailed response posted on X. Critics on X claimed validator seats were sold and the network was overly centralized. Hyperliquid denied these claims, stating that all validators were selected based on testnet performance…