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10min chapter
Why Crypto Wallets Are Broken | Armani Ferrante
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Centralized vs. Decentralized Exchanges
This chapter explores the fundamental differences between Hyperliquid's decentralized exchange model and Backpack's centralized approach, focusing on compliance, censorship resistance, and architectural choices. It highlights the regulatory challenges facing exchanges in Europe and Japan while discussing the operational complexities and the evolving landscape of cryptocurrency trading platforms.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode