Decentralization is the future of crypto

We should focus on the real value of decentralization in the crypto space, even though it seems most crypto projects have not been working toward that lately. As we can see, a vast majority still prefer centralized exchanges and crypto platforms, which are clearly not safe.

The most significant that we barely take notice of are the blockchain explorers like BSCscan, Etherscan, and several others, which are clearly centralized. Centralized blockchain explorers not only monitor their users, linking their wallets to IP addresses, but they also represent a critical point of failure. Imagine waking up one day and being unable to access these explorers to track your blockchain data.

If a government were ever to seek to prohibit cryptocurrencies, they could effectively disable these services, cutting off access for up to 99% of users, as there would be no graphical user interface available. The crypto community must carefully weigh the trade-offs between convenience and decentralization to ensure the long-term resilience and security of the ecosystem.

But just a few days ago, LibreScan was launched by QANplatform. LibreScan is one of the first EVM-compatible self-hosted Decentralized Blockchain Explorers (DBE). It was built by the crypto community for the community.

Developers can contribute to the open-source project, where they can connect any blockchain platform with LibreScan. Cryptocurrency users will be able to run their own blockchain explorer on their own devices and always have secure access to their blockchain explorer without being tracked.

Is this not the future we have all been waiting for?