Crypto Scenario Insights

Private Blockchains vs. Public Mainnets: Will Institutional Adoption Favor Silos or Interoperability?

What happened

Vivek Raman of Etherealize warns that the increasing adoption of private, 'consortium chains' by financial institutions is a 'race to the bottom,' potentially recreating siloed systems.

What we think

The resurgence of private, permissioned blockchains presents a challenge to Ethereum's vision of an open, interoperable ecosystem.

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Private Blockchains vs. Public Mainnets: Will Institutional Adoption Favor Silos or Interoperability?

We explain what happened and what could follow. We do not forecast prices.

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