FLOW's recent actions have sparked deep reflection within the industry. The project team has yet to provide a clear explanation for the issuance increase, and instead, they directly used others' assets through special permissions. These details are indeed worth noting:
First, transferring funds without a private key—this breaks the fundamental logic of blockchain. Such operations are typically taboo in the industry, yet they have become a reality.
Second, when a partner raised a genuine concern, instead of engaging in dialogue, the assets were frozen. This response is even more perplexing.
Third, the project team bypassed formal procedures and exercised the freezing authority on their own. Legal processes are in place, but they chose a shortcut.
This series of actions has led many token holders to reevaluate FLOW's mechanism design and governance logic.
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CoinCircleAFlower
· 3h ago
Flow is a Trump-style approach, directly grabbing faster than anything else. It also pioneers a new way of playing; in the future, any platform that dares to join, no one can guarantee that they won't be the next to be snatched away.
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SpeakWithHatOn
· 4h ago
Wow, no private key needed to transfer directly? What kind of blockchain is this? Isn't this just centralized?
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Liquidated_Larry
· 4h ago
Wow, this move is really awesome. FLOW has directly understood centralized operations, and once the blockchain's outer layer is removed, it's just the traditional finance system.
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SerumSquirter
· 5h ago
Is this still called decentralization? Using others' assets directly, that's a joke.
FLOW's operation is really incredible—being able to transfer without a private key? What's the point of holding my coins then?
The problem is, if someone questions it, they get directly frozen. Who would believe that?
I heard the project team even bypassed legal procedures to freeze assets themselves. What do they think token holders are?
Honestly, it's just too much power concentrated. The governance logic of FLOW should have been overthrown long ago.
It feels like they're setting a precedent for the future of certain projects—too dangerous.
Luckily, I got out quickly. With this momentum, it's only a matter of time before it crashes.
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FrogInTheWell
· 5h ago
Transfer directly without a private key? Is this still called decentralization? That's hilarious, it's no different from a bank.
FLOW's recent actions have sparked deep reflection within the industry. The project team has yet to provide a clear explanation for the issuance increase, and instead, they directly used others' assets through special permissions. These details are indeed worth noting:
First, transferring funds without a private key—this breaks the fundamental logic of blockchain. Such operations are typically taboo in the industry, yet they have become a reality.
Second, when a partner raised a genuine concern, instead of engaging in dialogue, the assets were frozen. This response is even more perplexing.
Third, the project team bypassed formal procedures and exercised the freezing authority on their own. Legal processes are in place, but they chose a shortcut.
This series of actions has led many token holders to reevaluate FLOW's mechanism design and governance logic.