Imagine cryptocurrency as a new kind of money, like digital coins! It started with a dream of sharing money without needing banks, but things are changing. This news talks about how some parts of cryptocurrency are becoming more like traditional banks.
- Some cryptocurrencies are relying on centralized stablecoins, which are like digital dollars tied to real money, but controlled by companies.
- Big companies like Coinbase are building their own parts of the crypto world, making things easier for users but also more centralized.
- This makes some people wonder if cryptocurrency is losing its original goal of being decentralized.
Fact | Number/Prediction |
---|---|
Coinbase holds | 119,696 ETH (worth about $320 million) |
Base network decentralization | Planned for 2025, not this year |