a photo of crypto expert reviewer Matt Odell

Matt Odell

Matt Odell is the co-founder of CoinPrices, a site that delivers news and analysis on cryptocurrencies.

Reviews by Matt Odell

🔑 2 positive | 💩 14 negative

💩

The incentives seem broken. If Nano is successful, then the representative nodes are going to cost a lot of $$ to run, and they don't get paid. As a result, I think the network will remain centralized.

2018-06-12 | Full Review

By flagging/freezing the stolen funds, the NEM Foundation has proven what many of us have suspected for awhile now: NEM is way more centralized than it appears at first glance.

With so much control over the network, the NEM Foundation is now a target for regulators.

2018-01-29 | Full Review

💩

some chains are setup in a way that either intentionally or indirectly create an incentive to game the gini coefficient.

Mostly PoS & MN chains. Dash for instance requires you to split up funds in 1000 dash chunks to run MNs. Makes rich list look way more distributed.

2018-09-28 | Full Review

Any of the top 7 Bitcoin mining pools can already easily 51% attack the Bitcoin Cash chain at any time.

That number will increase to the top 9 pools during the fork as BCH hash is split up among the two competing chains...

2018-11-05 | Full Review

💩

I don't think USDC will implode. I just don't think it is very useful. It's mostly just a marketing gimmick.

2018-05-21 | Full Review

💩

Why is Stellar a shitcoin?

- 1. Too centralized to ever be truly censorship resistant.

- 2. Will probably be regulated into obsolescence eventually.

- 3. Airdrop required KYC.

- (4) Centralized tokens running on your chain don't add value, they can switch chains relatively easily.

2018-12-22 | Full Review

💩

Augur is the type of project you should launch anonymously without a centralized kill switch.

The only reason they didn't go that route was because of $$$. Anonymous teams don't get those big ICO hauls. Extremely shortsighted.

2018-07-24 | Full Review

💩

If Infura goes down (or is shut down), the Ethereum network will grind to a halt.

Running an Ethereum node is expensive, so many (most?) companies/DApps have chosen to outsource that responsibility to Infura rather than run one themselves.

2018-07-26 | Full Review

Verge, Bitcoin Gold, MonaCoin, and now ZenCash have all been attacked recently because they are PoW chains that are primarily mined by GPUs. The game theory that backs Bitcoin's security is broken [on other chains] when you can use your hardware on multiple different chains.

2018-06-04 | Full Review

🔑

The environment was fucked long before Bitcoin came around and would continue to be fucked if bitcoin spontaneously combusted.

A permissionless global free market for energy is a net benefit that leverages human greed to reduce waste and boost efficiency on a global scale.

2019-02-07 | Full Review

BNB is a centralized security token for an exchange that is actively breaking US laws. You also have to trust that binance is reporting their financials accurately.

BNB could become worthless without warning due to gov action, exit scam, fraud, or theft.

2019-02-13 | Full Review