Oddbean new post about | logout
 🚨  A Kraken planeja lançar seu próprio blockchain no ano que vem.

The decision by Kraken to launch its own blockchain in 2025 should be critically examined, as it could have both positive and negative implications.

Firstly, this initiative might be seen as Kraken's attempt to differentiate itself in a saturated market of exchanges and cryptocurrency platforms. However, the need for a proprietary blockchain raises questions about the real motivations behind this decision. The competition in this space is fierce, and many have argued that there is an excess of blockchains lacking a clear value proposition. Is Kraken merely trying to ride the wave of innovation, or does it truly have a sustainable and differentiated vision?

Additionally, building a new blockchain presents significant challenges regarding security and scalability. History is filled with blockchains that failed to meet expectations and ultimately became obsolete or ineffective. Kraken will need to ensure that its new network is robust, secure, and capable of handling user demand. Otherwise, what should be a technological advancement could turn into a major failure.

Another critical point to consider is centralization. As an exchange, Kraken has always operated under a more centralized model, and the creation of a proprietary blockchain may perpetuate this structure. If the new network does not adopt a truly decentralized governance model, it could simply replicate the problems that the cryptocurrency sector has been trying to overcome — such as a lack of transparency and the concentration of power. Users, who have shown skepticism towards platforms that do not fulfill decentralization promises, may view this change as a disguised attempt at control.

Furthermore, the potential impact of a new native token, if launched alongside the blockchain, deserves attention. Tokens are often used as tools to inflate the value of exchanges and attract investors, but the question remains: what will be the true utility of this token within the new network? If there is no clear use case, there is a risk of creating yet another speculative “coin” that does not add real value to the ecosystem.

In summary, while the idea of a proprietary blockchain may seem promising at first glance, it is essential to question the motivations, execution, and long-term implications of this initiative. Success will depend on Kraken's ability to build a network that not only stands out technically but also upholds the principles of decentralization and transparency that the crypto movement initially promised. Otherwise, what could be an innovation will turn into yet another chapter of unfulfilled promises in a space already saturated with frustrated expectations.