{
Kam Benbrik

People

}
001122334455554433221100
001122334455554433221100

hyperliquid faces scrutiny over decentralization and validator selection issues

Hyperliquid, a platform for trading perpetual futures, faces criticism over its governance and security, particularly regarding validator selection and decentralization. Allegations arose that validators could "buy their seats," but Hyperliquid refuted this, stating validators are chosen based on performance. Despite increasing the number of validators to 16, concerns persist as five validators control over 81% of staked tokens, raising fears of centralization and security vulnerabilities. Additionally, the platform's closed-source code has led to transparency issues, with promises to release it once more secure.
Coinchapter
Hyperliquid USD Kam Benbrik
Crypto, News Article
20:01 09.01.2025
Trending
Subcategory
Corporate News Startups & Entrepreneurship Economic Indicators Global Trade Developments Market Analysis and Predictions
Countries:
USA IND CHN
Companies:
TIANAN MEDICARE
Currencies:
Indian Rupee Chinese Yuan
People:
Peter Thiel Vivek Ramaswamy

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.