Cryptocurrency Q&A Is Synthetix decentralized?

Is Synthetix decentralized?

CryptoLordess CryptoLordess Mon May 27 2024 | 5 answers 1469
Could you please elaborate on whether Synthetix is truly decentralized? I'm interested in understanding its structure and governance mechanisms. Is it fully community-driven, or does it have centralized components? Additionally, how does its decentralization impact its security and scalability? It would be helpful if you could provide some insights into these aspects of Synthetix. Is Synthetix decentralized?

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