3min chapter

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Circuit Breakers: Is ERC-7265 the Solution dApps Were Waiting For? - Ep. 515

Unchained

CHAPTER

Ethereum's Decentralized Protocol

DeFi would require the protocol to have some central owner or set of owners. So it would be the team in charge of essentially controlling and monitoring the protocol. At least in the initial version, there are versions down the line where this mechanism can be more decentralized but that is not what we have yet at the current stage.

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