Regulated institutions are looking for suitable blockchain networks for their business. They will have requirements that are in line with regulations and their needs. Projects generously subsidized by VC funds try to satisfy this demand. New blockchains are emerging that scale well at the expense of decentralization. Some projects are even deliberately made in such a way that it is possible to freeze user accounts. Projects like Cardano may be lone fighters for decentralization that will be out of sight of the mainstream.
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