Crypto
Raman Warns: Private Blockchains Threaten Blockchain Benefits
Ethereum advocate Vivek Raman warns that private blockchains could undermine blockchain's core benefits.
Raman, CEO of Etherealize and Ethereum advocate, argues that Ethereum's open, permissionless mainnet should serve as the foundational layer for institutional finance.
The resurgence of private, permissioned blockchains, often called consortium chains, is a trend that Raman believes could recreate siloed systems, limiting interoperability and liquidity.