Blockchain investigator ZachXBT accuses Hyperliquid of double standards in decision-making, highlighting issues of centralized governance.
Inconsistent Decisions Raise Questions
ZachXBT has called out Hyperliquid for inconsistent decisions, citing their response to the Radiant hack, where they claimed to be 'powerless' compared to recent active interventions.
The Governance Dilemma: Act, Abstain, or Evolve?
ZachXBT proposed three paths for Hyperliquid: 1. Maintain active intervention with consistency. 2. Fully decentralize governance. 3. Adopt preventive measures like Railgun’s PPOI model.
The Path Forward
As Hyperliquid grows, their governance model will face increased scrutiny. Embracing transparency and decentralization may be key to long-term trust and adoption.
The path Hyperliquid chooses will be critical for strengthening user trust and the platform's future viability.