🚀Blast, a layer-2 blockchain on Ethereum, has attracted a whopping $603M in deposits in just a week since its unveiling!💰 But it's not all sunshine and rainbows, as the project has faced criticism and even a public scolding from its financial backer, Paradigm.😬
Blast's network isn't launching until next year, but it's already accepting deposits with promises of "native yields" and a token airdrop for early birds.🐦 Critics argue that depositors are relying on faith in an undisclosed group of engineers to safeguard their crypto.🔒
What do you think about Blast's approach? Are you excited about the project, or do you share the concerns of its critics? Let us know in the comments!👇