Cetus hack worth $260 million raises controversy over decentralization in Sui
Freezing funds raises doubts
After the Cetus platform hack, the Sui network froze the affected funds, raising concerns about the level of centralization in the network's control.
Significant impact on user trust
The ability to intervene and freeze assets puts Sui in the crosshairs of criticism from decentralization supporters, as some see this as contradictory to blockchain principles.
Calls for more transparency
The community has demanded clarifications regarding the protection mechanisms and the level of control the network has over the assets.
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