StarkWare CEO Predicts Corporate Blockchains Will Fail

Eli Ben-Sasson, co-founder and CEO of StarkWare, predicts that blockchain chains controlled by corporations will ultimately fail because users desire decentralized systems. He believes the key to successful blockchains lies in eliminating the central entity. While corporations are adopting blockchain technology for potential mainstream adoption, Ben-Sasson argues that these chains will eventually be abandoned as they become technically complex and lack user appeal due to their centralized control. Users seek decentralization, self-custody, and control over their assets. He suggests that while corporate chains could initially drive mainstream adoption, the long-term trend points towards their demise as users gravitate towards decentralized alternatives.