DLA

Dr_I_Abnomeel

I respect Hedera too, but I disagree with your statement. People *think* Hedera is highly centralized but when you look deeper at what Hedera actually is (and why) you see a very well organized project that has made some strong decisions about *how* to be decentralized and how to remain so for years to come. Decisions which go against the grain of what most other networks or projects do - yes, you may not be able to run nodes anonymously (yet) or spread the network and fork it to your heart's content. But what is there is very much **decentralized**: Dozens of well known entities that are **not related** to each other, running nodes in **different jurisdictions** and on **different continents**, in **different industries**, on a **rolling timeframe**, using **different cloud platforms**. It's one of the few networks that is actually *provably* decentralized - the transparency offered by the fact that we *know* who the different nodes are run by and we *know* they are not the same people. We can also see they are not even in the same regions or industries. Anyone can look at the Hedera network and see that there is no single party in control and no group secretly pulling the strings. This is not something that can be said of many other popular networks where we *do not* know who is running the network, where control over that network can be bought or granted and can remain anonymous to the point of being dangerous. People should be pointing fingers and questioning those networks "How decentralized is it actually?", "How much control do the founders wield?" and "How decentralized will it be in 1,2,5 years time when controlling the network is highly lucrative for a small group of anonymous entities to discretely take over?" In Hedera's case we know each entity **is** **not** in cohorts with any other - IIT Madras has no influence over Dell or DLA Piper, Google doesn't get to tell IBM what to do, Boeing doesn't get to collude with EDF or UCL or FIS or Ubisoft etc. etc. because they are all their own entities with their own processes and employees and reputations at stake. As for governance, the individual entities get just one vote each, no matter if they're Google or Standard Bank or Ubisoft. They can't buy their votes and they can only influence the decisions and direction of the network through proper discourse and publicly minuted meetings. Plus they lose their place on the council after their terms expire. To me, Hedera is a very strong network which **is** decentralized but is clearly misunderstood.

coinfeeds-bot

tldr; Dubai's Virtual Assets Regulatory Authority (VARA) has published the regulatory framework for virtual assets in an effort to promote innovation in the sector and drive economic growth in Dubai. The new regulations take an activity-based and ‘technology-agnostic’ approach to set baseline compliance rules for all operators in the virtual assets sector. DLA Piper supported the creation of the new regulations with a global team of lawyers. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*

HeadlessHolofernes

There are no blocks on the hashgraph. Also, Hedera has a clear path to becoming permissionless and thus becoming more and more decentralized. They're just rolling this out slowly, because the enterprises that are running mission critical high-throughput use cases on Hedera can't afford the hashgraph being taken over by malicious actors concerting an attack by accumulating 1/3 of the consensus power. Finally, the Hedera GC is not a conglomerate of tech/finance corporations, but has e. g. universities (IIT Madras, UCL), law firms (DLA Piper, Dentons) and a national infrastructure provider (EDF) on board.

WebDevKlein

The delusion is strong in this one. I appreciate you thinking us devs who graduate in CS are also competent enough in economics to run a global currency. Hedera's governing council serves as a source of information. If Hedera wants to know the future legal environment of crypto they call DLA Piper. How about economics, UCL College London. Interested in tracking product life cycles Avery Dennison. Maybe gaming, Ubisoft. "You don't know the power of the dark side" - Vader