SHIB community continues to vigorously dispose of Shiba Inu meme coins
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This coincided with a stunning increase of the SHIB price by more than 24%, which pushed it to the $0.00002753 level.Tracking platform Shibburn revealed that since yesterday morning, one of the major SHIB metrics – the burn rate – has suddenly increased by a massive 1,837.49%. The data source shared that 463,450,468 SHIB were burned in total.
Lucie took to her X account to discuss “the core goal of decentralized finance .” She defined it as self-custody, which allows people to have full control over their coins without having to rely on centralized intermediaries. She claimed that centralized cryptocurrency exchanges expose users to various risks, including “data breaches, surveillance, and even manipulation.”The core goal of decentralized finance is self-custody.
Lucie stated that rather than seeking “exchange integration,” platforms should focus on “ways to buy crypto directly on the blockchain with fiat."This method is safe, cheap, fast and does not require exposing one’s crypto assets to “third-party spying.” That should be the ultimate goal of DeFi – to create decentralized options that would let users to start buying crypto privately and maintain control over their data and assets. It is very important for platforms to “stay true to blockchain values,” while there is also another important goal: “end up undermining the very freedoms blockchain was meant to protect.”Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.
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