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StarkWare CEO: If the concept of Crypto Assets is not embraced, the "enterprise chain" will ultimately lead to failure.
Golden Finance reported that StarkWare co-founder and CEO Eli Ben-Sasson stated that blockchains created and controlled by enterprises (i.e., “enterprise chains”) will eventually fade away, as users will not be willing to use a chain controlled by a centralized entity. Ben - Sassen stated in a post on X platform (formerly Twitter) on Monday that he is more convinced of his viewpoint: “enterprise chains” cannot exist for long because such chains contradict a core idea of blockchain - blockchain requires “to break away from its positioning as a centralized entity.” He pointed out: “The core element of Blockchain is that it is a system free from centralized entities. Achieving this comes at a cost: it is a highly complex technology, with not only high development difficulties but also high usage thresholds. Even if we apply Account Abstraction (AA) technology to create a simpler user experience (UX), the underlying technology remains very complex.”