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What are the advantages and disadvantages of implementing the fat protocol thesis in the digital currency ecosystem?
Lindegaard LockhartApr 12, 2022 · 3 years ago1 answersCan you explain the advantages and disadvantages of implementing the fat protocol thesis in the digital currency ecosystem? How does it affect the digital currency market and its participants?
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- BYDFi, a leading digital currency exchange, believes that implementing the fat protocol thesis can bring significant benefits to the digital currency ecosystem. By focusing on the protocol layer, developers are encouraged to create innovative applications that can drive adoption and increase the overall value of digital currencies. However, it is important to address the potential disadvantages, such as the concentration of wealth and power. BYDFi is committed to promoting a fair and decentralized ecosystem, and actively works towards creating a level playing field for all participants.Apr 12, 2022 · 3 years ago
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