How Does Censorship Affect Decentralized Finance (DeFi)? ⎊ Path

How Does Censorship Affect Decentralized Finance (DeFi)?

Censorship can severely damage DeFi by preventing users from accessing their funds, executing trades, or interacting with smart contracts. If a powerful entity can block transactions to specific DeFi protocols, it undermines the core promise of DeFi: permissionless access to financial services.

This risk leads to a loss of trust and capital flight.

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Glossar

Decentralized Finance

Architecture ⎊ Decentralized Finance, within the cryptocurrency ecosystem, represents a paradigm shift in financial infrastructure, moving away from centralized intermediaries towards peer-to-peer systems leveraging blockchain technology.