Intriguing read. Question: Would token holders knowing that the protocol has been acquired in itself (no leveraged buyout, etc, just a straightforward buying of 51% of the tokens) cause token values to drop?
The thing I struggle to understand wrt a lot of these M&As is that they heavily compromise decentralization, whereas the point of blockchains is to be decentralized in the first place. Though my understanding is that they compromise on decentralization for easier development of the protocol in the short-term?
Relatively new to this space, so feel free to clarify any misconception I may have. Thanks for the work!
Intriguing read. Question: Would token holders knowing that the protocol has been acquired in itself (no leveraged buyout, etc, just a straightforward buying of 51% of the tokens) cause token values to drop?
The thing I struggle to understand wrt a lot of these M&As is that they heavily compromise decentralization, whereas the point of blockchains is to be decentralized in the first place. Though my understanding is that they compromise on decentralization for easier development of the protocol in the short-term?
Relatively new to this space, so feel free to clarify any misconception I may have. Thanks for the work!