{"id":70692,"date":"2026-04-05T18:25:33","date_gmt":"2026-04-05T18:25:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/risk-off-markets-and-centralization-debates-week-in-review-op-ed-bitcoin-news\/"},"modified":"2026-04-05T18:25:33","modified_gmt":"2026-04-05T18:25:33","slug":"risk-off-markets-and-centralization-debates-week-in-review-op-ed-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/risk-off-markets-and-centralization-debates-week-in-review-op-ed-bitcoin-news\/","title":{"rendered":"Risk off Markets and Centralization Debates \u2014 Week in Review \u2013 Op-Ed Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\"> <span>Bitcoin<\/span> risks dip below $59K as PlanB flags 200-week MA; institutions dominate flows.<\/li>\n<li aria-level=\"1\">Google white paper claims 20x quantum gain, raising risks for <span>Bitcoin<\/span> and Ethereum cryptography.<\/li>\n<li aria-level=\"1\">$260M-$285M Drift Protocol exploit signals rising <span>DeFi<\/span> hacks as Circle response questioned.<\/li>\n<\/ul>\n<h2>Markets Wobble as Oil Shock Looms, Institutions Tighten Grip on <span>Crypto<\/span>, and Quantum Risks Enter the Frame<\/h2>\n<p><span style=\"font-weight:400\"> <span>Bitcoin<\/span> and Ethereum both traded sideways on the week, while <span>Solana<\/span> led most of the <span>altcoin<\/span> market down another leg. <\/span><\/p>\n<p><span style=\"font-weight:400\">Stock indices made a surprise move to the upside, with the S&amp;P500, Nasdaq, and Dow Jones all up 4.34%, 3.3%, and 2.9%, respectively. <\/span><span style=\"font-weight:400\">Ram Ahluwalia pointed out that the S&amp;P 500\u2019s move up in the first half of the week was largely a <\/span><a href=\"https:\/\/x.com\/ramahluwalia\/status\/2039514884539326847?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">mechanical bid<\/span><\/a><span style=\"font-weight:400\"> driven by quarter-end <span>volume<\/span> compression rather than structural buy-side pressure.<\/span><\/p>\n<p><span style=\"font-weight:400\">Meanwhile, precious metals threatened to resume their multi-year <span>bull market<\/span> as <span>gold<\/span> and silver both printed green weeks. <span>Gold<\/span> is now up 14.7% from its March 23 low.<\/span><\/p>\n<p><span style=\"font-weight:400\">The war in the Middle East continues, yet the fog of war appears to be getting thicker. When people such as <\/span><span style=\"font-weight:400\">Jamie Dimon <\/span><a href=\"https:\/\/x.com\/overton_news\/status\/2038968632990937251\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">state<\/span><\/a><span style=\"font-weight:400\"> that success in Iran is more important than markets, it indicates a cessation is at the very least weeks away.<\/span><\/p>\n<p><span style=\"font-weight:400\">The broader economic backdrop is only just beginning to sour as the physical oil shock has yet to land. Rory Johnston, on <\/span><a href=\"https:\/\/youtu.be\/bmMxtNHxHi8?si=4XdXnrrE1dD2ons6\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">Hidden Forces this week<\/span><\/a><span style=\"font-weight:400\">, said:<\/span><span style=\"font-weight:400\"><br \/><\/span><span style=\"font-weight:400\"><br \/><\/span><span style=\"font-weight:400\">\u201c<\/span><i><span style=\"font-weight:400\">We still haven\u2019t actually felt the physical impact of the loss of Hormuz supply yet. The final ship hasn\u2019t yet arrived. That final ship will likely be arriving in Asia this week, in Europe next week, and in North America the week after that. After that ship arrives, behind it, there\u2019s nothing but air<\/span><\/i><span style=\"font-weight:400\">.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">Of course, we\u2019ve already seen some governments preparing for the incoming shock. Mr. Johnston said this was happening mostly from Asian countries, which, as soon as the Strait was closed, began immediately curtailing energy usage. <\/span><\/p>\n<p><span style=\"font-weight:400\">Some curtailment has started in Europe. There was the <\/span><a href=\"https:\/\/www.politico.eu\/article\/europeans-urged-to-work-from-home-and-drive-less-as-eu-warns-of-long-crisis\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">toothless EU pronouncement<\/span><\/a><span style=\"font-weight:400\"> that <\/span><span style=\"font-weight:400\">its people should travel less, and \u201c<\/span><i><span style=\"font-weight:400\">reduce highway speed limits by ten kilometers [an hour]<\/span><\/i><span style=\"font-weight:400\">\u201d<\/span><span style=\"font-weight:400\">. Australia, nominally in Asia but European in policy, received a similarly <\/span><a href=\"https:\/\/x.com\/AlboMP\/status\/2039253117385232580\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">ineffectual address<\/span><\/a><span style=\"font-weight:400\"> from its Prime Minister. The Indian Prime Minister <\/span><a href=\"https:\/\/x.com\/i\/status\/2037871377940672665\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">reiterated<\/span><\/a><span style=\"font-weight:400\"> the need to protect regional energy infrastructure in West Asia without any hard power promises.<\/span><\/p>\n<p><span style=\"font-weight:400\">The U.S. economy might\u2019ve looked good before the conflict, perhaps <\/span><a href=\"https:\/\/x.com\/lisaabramowicz1\/status\/2039323786311324031\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">the best it\u2019s been<\/span><\/a><span style=\"font-weight:400\"> since late 2023, but this oil shock looks recessionary. <\/span><span style=\"font-weight:400\">Ram Ahluwalia <\/span><a href=\"https:\/\/x.com\/ramahluwalia\/status\/2039522721294389515?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">warned<\/span><\/a><span style=\"font-weight:400\"> that an <span>inflation<\/span> shock and rising energy costs are preparing to batter consumer spending, and \u201c<\/span><i><span style=\"font-weight:400\">analysts have not yet reduced forward earnings estimates<\/span><\/i><span style=\"font-weight:400\">.\u201d In other words:<\/span><span style=\"font-weight:400\"><br \/><\/span><span style=\"font-weight:400\"><br \/><\/span><span style=\"font-weight:400\">\u201c<\/span><i><span style=\"font-weight:400\">Risk Off<\/span><\/i><span style=\"font-weight:400\">.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">Warren Buffett agrees, <\/span><a href=\"https:\/\/x.com\/solidintel_x\/status\/2039256635617452129?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">saying<\/span><\/a><span style=\"font-weight:400\"> he\u2019s waiting in cash for more downside. Jamie Coutts <\/span><a href=\"https:\/\/x.com\/Jamie1Coutts\/status\/2038579055705133232\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">warned<\/span><\/a><span style=\"font-weight:400\"> that global <span>liquidity<\/span> aggregates and the DXY are flashing <span>bearish<\/span> signals.<\/span><\/p>\n<p><span style=\"font-weight:400\">Luke Gromen outlined the grim choices for the US Treasury, arguing that<\/span><a href=\"https:\/\/x.com\/LukeGromen\/status\/2037892337225851278\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">printing USD into an oil spike<\/span><\/a><span style=\"font-weight:400\"> is the most likely outcome, a sentiment he<\/span><a href=\"https:\/\/x.com\/LukeGromen\/status\/2038071896051237312\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">reiterated to his peers<\/span><\/a><span style=\"font-weight:400\">. Adding to the dollar debate, J.P. Mayall released an interesting thesis arguing that foreign central banks accumulating <span>gold<\/span> isn\u2019t a sign of de-dollarization, but rather<\/span><a href=\"https:\/\/x.com\/jpmayall\/status\/2039070811386986745\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">indirect exposure to U.S. Treasuries<\/span><\/a><span style=\"font-weight:400\">.<\/span><\/p>\n<p><span style=\"font-weight:400\">While equities have rebounded and kept most of those gains, <span>crypto<\/span> bounced and retraced most of them. Technicals are offering a veritable Rorschach test for traders. PlanB posted a rare <span>bearish<\/span> update, <\/span><a href=\"https:\/\/x.com\/100trillionUSD\/status\/2039248650086298050?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">noting<\/span><\/a><span style=\"font-weight:400\"> he wouldn\u2019t be surprised to see a dip below the 200-week moving average ($59k) and realized price ($54k). Conversely, Jamie Coutts looked at Z-score indicators and concluded that, probabilistically, <span>Bitcoin<\/span> is<\/span><a href=\"https:\/\/x.com\/Jamie1Coutts\/status\/2039565171879034972\/photo\/1\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">close to its trough<\/span><\/a><span style=\"font-weight:400\">. CryptoQuant <\/span><a href=\"https:\/\/x.com\/cryptoquant_com\/status\/2039680641348833515\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">posted<\/span><\/a><span style=\"font-weight:400\"> that Binance\u2019s <span>ETH<\/span> reserves dropping while <span>stablecoins<\/span> climb, creates a highly supportive setup for price expansion.<\/span><\/p>\n<p><span style=\"font-weight:400\"> <span>Technical analysis<\/span>, or astrology for men, probably doesn\u2019t matter. As Pledditor <\/span><a href=\"https:\/\/x.com\/Pledditor\/status\/2039363781436813519?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">reminded everyone<\/span><\/a><span style=\"font-weight:400\">, if you look at the accumulation over the last six months, much of this market is really just Michael Saylor. Retail has largely walked away, leaving the space to massive corporate and institutional actors. Recall from the newsletter two weeks ago:<\/span><span style=\"font-weight:400\"><br \/><\/span><span style=\"font-weight:400\"><br \/><\/span><span style=\"font-weight:400\">\u201c<\/span><i><span style=\"font-weight:400\">Listen to the <\/span><\/i><a href=\"https:\/\/youtu.be\/h3cRbHFYi30?si=ii8ZngZt4_M1MciY\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span style=\"font-weight:400\">recent podcast<\/span><\/i><\/a><i><span style=\"font-weight:400\"> with Haseeb and Santiago on why they think \u201ctokens are dead.\u201d Santiago argues tokens don\u2019t capture real value, while Haseeb points out that the current marginal buyers are institutions, and institutions, by and large, don\u2019t buy tokens<\/span><\/i><span style=\"font-weight:400\">.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">The institutions seem to be having a great time. Franklin Templeton didn\u2019t just create another <span>crypto<\/span> product; they<\/span><a href=\"https:\/\/x.com\/nicrypto\/status\/2039368922957574374?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">launched a dedicated crypto division<\/span><\/a><span style=\"font-weight:400\">. Long-time skeptic Morgan Stanley appears to be making final tweaks <\/span><a href=\"https:\/\/x.com\/JSeyff\/status\/2039453414942249319?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">to launch<\/span><\/a><span style=\"font-weight:400\"> their spot <span>Bitcoin ETF<\/span> next week. <\/span><\/p>\n<p><span style=\"font-weight:400\">This institutional and corporate creep isn\u2019t always pretty. Coinbase was <\/span><a href=\"https:\/\/x.com\/i\/status\/2037596051809677633\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">allegedly lobbying against<\/span><\/a><span style=\"font-weight:400\"> a de minimis tax exemption for <span>Bitcoin<\/span> while pushing for one that benefits USDC. Meanwhile, Sam Altman\u2019s Worldcoin Foundation <\/span><a href=\"https:\/\/x.com\/worldcoinfnd\/status\/2037889907499094077\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">opted to dump<\/span><\/a><span style=\"font-weight:400\"> $65,000,000 worth of WLD in OTC sales right at the all-time low.<\/span><\/p>\n<p><span style=\"font-weight:400\">The biggest <span>crypto<\/span> story this week came from a bombshell Google <\/span><a href=\"https:\/\/news.bitcoin.com\/googles-quantum-advances-bring-bitcoin-security-debate-into-focus\/\"><span style=\"font-weight:400\">quantum research paper<\/span><\/a><span style=\"font-weight:400\"> that claims a 20x reduction from earlier quantum systems to execute attacks on elliptic curve cryptography, the backbone of <span>Bitcoin<\/span>, Ethereum, and most <span>blockchains<\/span>. <\/span><a href=\"https:\/\/x.com\/nic_carter\/status\/2038804571791761821?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">Nic Carter<\/span><\/a><span style=\"font-weight:400\">, <\/span><a href=\"https:\/\/x.com\/hosseeb\/status\/2038831850270126110?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">Haseeb Qureshi<\/span><\/a><span style=\"font-weight:400\">, and Coinbase CEO <\/span><a href=\"https:\/\/x.com\/brian_armstrong\/status\/2039595011013009714\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">Brian Armstrong<\/span><\/a><span style=\"font-weight:400\"> are taking this research seriously. If one quantum paper wasn\u2019t enough, Nic Carter and Justin Drake <\/span><a href=\"https:\/\/x.com\/nic_carter\/status\/2038833883840401902?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">pointed out<\/span><\/a><span style=\"font-weight:400\"> that <\/span><a href=\"https:\/\/x.com\/drakefjustin\/status\/2038847732152996108?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">another breakthrough paper<\/span><\/a><span style=\"font-weight:400\"> landed the same day.<\/span><\/p>\n<p><span style=\"font-weight:400\">The <span>Bitcoin<\/span> community, however, seems largely stuck in denial. Mert Mumtaz <\/span><a href=\"https:\/\/x.com\/mert\/status\/2039114654794842357?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">called out<\/span><\/a><span style=\"font-weight:400\"> one of the main methods of doing so: <\/span><a href=\"https:\/\/x.com\/biancoresearch\/status\/2039034612207472888?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">whataboutism<\/span><\/a><span style=\"font-weight:400\">. Jordi Visser, who argued we should ignore the quantum threat to <span>Bitcoin<\/span> because AI agent swarms will break TradFi banks first, <\/span><a href=\"https:\/\/x.com\/SimplyBitcoin\/status\/2039484393702441067?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">provided a great example<\/span><\/a><span style=\"font-weight:400\"> of whataboutism. <\/span><\/p>\n<p><span style=\"font-weight:400\">An even more common form of denial has been the use of ad hominems. Bitcoiners <\/span><a href=\"https:\/\/x.com\/dotkrueger\/status\/2039204287784591485?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">attacked the Google paper<\/span><\/a><span style=\"font-weight:400\"> because a co-author \u201cactually <\/span><a href=\"https:\/\/x.com\/TFTC21\/status\/2039007667541381547?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">works for the Ethereum Foundation<\/span><\/a><span style=\"font-weight:400\">.\u201d Nic Carter\u2019s concerns can be <\/span><a href=\"https:\/\/x.com\/dotkrueger\/status\/2039116239348605038?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">dismissed<\/span><\/a><span style=\"font-weight:400\">, apparently, because he invested in a company focused on making products quantum-resistant. These are not serious people if they go after the character or motives of people with quantum concerns instead of their claims.<\/span><\/p>\n<p><span style=\"font-weight:400\">Jonas Schnelli told the people with quantum concerns that<\/span><a href=\"https:\/\/x.com\/_jonasschnelli_\/status\/2039131019950116990?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">they are the devs and need to step up<\/span><\/a><span style=\"font-weight:400\">. I hope Nic Carter isn\u2019t right when he <\/span><a href=\"https:\/\/x.com\/nic_carter\/status\/2039131684411437330?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">replied<\/span><\/a><span style=\"font-weight:400\">: <\/span><\/p>\n<p><span style=\"font-weight:400\">\u201c<\/span><i><span style=\"font-weight:400\">For a BIP to go through, one of about 5 people have to champion it. We both know who they are. No BIP has gone through without them in the last decade.<\/span><\/i><span style=\"font-weight:400\">\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">The quantum security threat is in the future, but we\u2019re dealing with an uptick in <span>defi<\/span> hacks right now. Mr. Qureshi <\/span><a href=\"https:\/\/x.com\/i\/status\/2039381262440546426\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">posted<\/span><\/a><span style=\"font-weight:400\"> that the uptick in exploits will likely get worse before they get better, as attackers utilize the latest AI tools while defenders lag behind.<\/span><\/p>\n<p><span style=\"font-weight:400\">As if to prove a point, hours later, a $260 to $285 million exploit on Drift Protocol happened. The hacker systematically drained<\/span><a href=\"https:\/\/x.com\/mlmabc\/status\/2039401388770222334\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">mostly JLP and stablecoins<\/span><\/a><span style=\"font-weight:400\"> and actively <\/span><a href=\"https:\/\/x.com\/lookonchain\/status\/2039399827809996904\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">swapped<\/span><\/a><span style=\"font-weight:400\"> the stolen assets for <span>ETH<\/span>. Austin Campbell <\/span><a href=\"https:\/\/x.com\/austincampbell\/status\/2039446886038253943\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">noted<\/span><\/a><span style=\"font-weight:400\"> this is exactly the scenario where Circle should have been required to freeze the USDC. ZachXBT <\/span><a href=\"https:\/\/x.com\/zachxbt\/status\/2039496650906034602?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">shared his frustration<\/span><\/a><span style=\"font-weight:400\"> that Circle was so slow to act. He wasn\u2019t the only one.<\/span><\/p>\n<p><span style=\"font-weight:400\">Last week into this week saw a classic <span>crypto<\/span> discussion between centralization and decentralization. This time centered around Canton, which many within the <span>crypto<\/span> community feel is too centralized.<\/span><\/p>\n<p><span style=\"font-weight:400\">Canton\u2019s Director of Sales <\/span><a href=\"https:\/\/x.com\/Emmett_\/status\/2038662620421792012?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">claimed<\/span><\/a><span style=\"font-weight:400\"> Canton has the \u201c<\/span><i><span style=\"font-weight:400\">deepest pool of institutional <span>liquidity<\/span><\/span><\/i><span style=\"font-weight:400\">.\u201d Omid Malekan <\/span><a href=\"https:\/\/x.com\/malekanoms\/status\/2038801300419137815?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">replied<\/span><\/a><span style=\"font-weight:400\"> that no one is trading on Canton, and there\u2019s no verifiable economic activity. Austin Campbell <\/span><a href=\"https:\/\/x.com\/austincampbell\/status\/2038755229978558960?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">agreed<\/span><\/a><span style=\"font-weight:400\"> that nobody is trading at scale on the chain. <\/span><\/p>\n<p><span style=\"font-weight:400\">On verifiability, Shaul Kfir, co-founder of Digital Asset, the company that designed, built, and continues to develop the Canton Network, <\/span><a href=\"https:\/\/x.com\/ShaulKfir\/status\/2038644714174394715\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">admitted<\/span><\/a><span style=\"font-weight:400\"> that a supply cap cannot be verified on Canton. <\/span><\/p>\n<p><span style=\"font-weight:400\">Rebecca Rettig of Jito Labs wrote a thread framing the debate as one between permissioned v. permissionless chains, and <\/span><a href=\"https:\/\/x.com\/RebeccaRettig1\/status\/2037219165702889561?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">permissionless wins<\/span><\/a><span style=\"font-weight:400\">. Omid Malekan <\/span><a href=\"https:\/\/x.com\/i\/status\/2039347141819215934\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">wrote<\/span><\/a><span style=\"font-weight:400\"> Canton\u2019s permissioned governance model is the same model as every privately-owned system in tradfi.<\/span><\/p>\n<p><span style=\"font-weight:400\">Helius\u2019s Mert Mumtaz quipped, \u201c<\/span><i><span style=\"font-weight:400\">Canton is a very fun way of spelling \u2018web 2 database with a token\u2019\u201d<\/span><\/i><span style=\"font-weight:400\">. Basically, <\/span><a href=\"https:\/\/x.com\/gluk64\/status\/2037913797906616706\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">it\u2019s not a blockchain<\/span><\/a><span style=\"font-weight:400\">.<\/span><\/p>\n<p><span style=\"font-weight:400\"> <a href=\"https:\/\/markets.bitcoin.com\/crypto\/solana?utm_source=bitcoin_news\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Solana<\/a> underwent its own internal centralized v. decentralized debate this week about the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a>\u2019s ongoing consensus evolution. FCFS (First-Come-First-Served) and MCP (Multiple Concurrent Proposers) are two contrasting approaches to block production and transaction ordering. To simplify, FCFS is faster, simpler, and more centralized than the current consensus setup, while MCP is slower, more complicated, preserves pricing, and is more decentralized.<\/span><\/p>\n<p><span style=\"font-weight:400\"> <a href=\"https:\/\/markets.bitcoin.com\/crypto\/solana?utm_source=bitcoin_news\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Solana<\/a> co-founder Anatoly Yakovenko favors MCP, but thinks the current hybrid setup is <\/span><a href=\"https:\/\/x.com\/toly\/status\/2038781856850804875?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">the worst of both worlds<\/span><\/a><span style=\"font-weight:400\">.<\/span><\/p>\n<p><span style=\"font-weight:400\">Finally, AI x <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> is getting a lot less attention compared to a month ago, but Algod continues his relentless Bittensor bull-posting, predicting<\/span><a href=\"https:\/\/x.com\/AlgodTrading\/status\/2038956584726823277\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight:400\">multiple breakout subnets this year<\/span><\/a><span style=\"font-weight:400\"> and an <\/span><a href=\"https:\/\/x.com\/AlgodTrading\/status\/2039103492652933513\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">exponential increase<\/span><\/a><span style=\"font-weight:400\"> in quality driven by frontier lab talent.<\/span><\/p>\n<p><i><span style=\"font-weight:400\">-David Sencil<\/span><\/i><\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/risk-off-markets-and-centralization-debates-week-in-review\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Bitcoin risks dip below $59K as PlanB flags 200-week MA; institutions dominate flows. Google white paper claims 20x quantum gain, raising risks for Bitcoin and Ethereum cryptography. $260M-$285M Drift Protocol exploit signals rising DeFi hacks as Circle response questioned. Markets Wobble as Oil Shock Looms, Institutions [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":70693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70692"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70692"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70693"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}