{"id":17199,"date":"2025-10-21T08:29:31","date_gmt":"2025-10-21T06:29:31","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=17199"},"modified":"2025-10-21T08:29:31","modified_gmt":"2025-10-21T06:29:31","slug":"starkware-ceo-predicts-the-downfall-of-corporate-blockchains-in-the-long-run","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/21\/starkware-ceo-predicts-the-downfall-of-corporate-blockchains-in-the-long-run\/","title":{"rendered":"&#8220;StarkWare CEO Predicts the Downfall of Corporate Blockchains in the Long Run&#8221;"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div data-v-43e640e6=\"\">\n<p>Blockchains developed and overseen by businesses will ultimately perish, as users will not desire a chain managed by a centralized authority, as per Eli Ben-Sasson, co-founder and CEO of the blockchain firm StarkWare.<\/p>\n<p>Ben-Sasson <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/EliBenSasson\/status\/1980240698398875735\" rel=\"noopener nofollow\" target=\"_blank\">stated<\/a> in a post on X this past Monday that he was reinforcing his stance that \u201ccorporate\u201d chains will not endure because they are misaligned with a <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/learn\/articles\/how-does-blockchain-work-everything-there-is-to-know\">core principle of blockchain<\/a>, which necessitates them to eliminate their role as a centralized entity.<\/p>\n<p>\u201cThe crucial aspect of blockchain is a framework that eliminates a centralized authority. It comes at a price: A highly intricate technology that\u2019s difficult to construct and challenging to navigate. Even if we implement AA to develop a simplified user experience, the underlying technology remains exceptionally complicated,\u201d he remarked.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>Source: <\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/EliBenSasson\/status\/1980240698398875735\" rel=\"https:\/\/x.com\/EliBenSasson\/status\/1980240698398875735\" target=\"https:\/\/x.com\/EliBenSasson\/status\/1980240698398875735\" title=\"https:\/\/x.com\/EliBenSasson\/status\/1980240698398875735\"><em>Eli Ben-Sasson<\/em><\/a><\/figcaption><\/figure>\n<p>Bitcoin, the original cryptocurrency, was crafted to <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-skepticism-institutional-adoption-will-stay-preston-pysh\">revolutionize traditional financial systems<\/a> and restore financial power to individuals.<\/p>\n<p>This may explain why some members of the crypto community have been <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/is-bitcoin-changing-tradfi-or-other-way-around\/\">concerned<\/a> about new blockchains such as Stripe\u2019s latest layer-1, Tempo.<\/p>\n<h2>Businesses will withdraw if user adoption is minimal<\/h2>\n<p>Ultimately, Ben-Sasson expressed that it\u2019s positive for corporations to seek adoption of blockchain technology since it indicates \u201cblockchains are no longer this intimidating concept.\u201d<\/p>\n<p>In reply to a question from an X user, he also <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/EliBenSasson\/status\/1980251282884485201\" rel=\"noopener nofollow\" target=\"_blank\">concurred<\/a> that in the near term, the chains of large financial corporations <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/crypto-adoption-one-cycle-away-5b-users\">could facilitate mainstream acceptance<\/a>.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"17674691\"\/><\/p>\n<p>Nevertheless, he <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/EliBenSasson\/status\/1980245204302172634\" rel=\"noopener nofollow\" target=\"_blank\">foresees<\/a> that in a few years, the blockchains established by these companies will likely be neglected when they \u201ccreate excessive complications from a technical standpoint,\u201d and after users opt to steer clear of them due to their lack of appeal from a \u201cDeFi\/self-custody\/control-my-assets perspective.\u201d<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cFast forward a few years: Corporate chains will end up with the intricate technology but without the added value for users, which is a lack of a central authority to oversee them. At this juncture, these chains will lose the attention from corporations.\u201d<\/p><\/blockquote>\n<h2>Community divided on the future of corporate blockchains<\/h2>\n<p>Meanwhile, an X user known as Boluson <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/Bdigital17\/status\/1980254440041992394\" rel=\"noopener nofollow\" target=\"_blank\">contended<\/a> that most corporations do not require a blockchain; they are simply feeling compelled to embrace the technology due to <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/innovation-circle\/10-ways-traditional-companies-can-benefit-from-partnering-with-blockchain-projects\">fears of falling behind<\/a>.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/how-bitcoin-s-three-pillars-are-about-to-fix-money-starkware-ceo\"><em><strong>How Bitcoin\u2019s three pillars are about to fix money \u2014 StarkWare CEO<\/strong><\/em><\/a><\/p>\n<p>\u201cNot every initiative in Crypto needs to be based on blockchain; now everyone aims to establish something around forming a blockchain,\u201d they asserted.<\/p>\n<p>Rob Masiello, the CEO of Sova Labs \u2014 a company focused on constructing Bitcoin-native infrastructure \u2014 <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/rkmasiello\/status\/1980308940786430317\" rel=\"noopener nofollow\" target=\"_blank\">mentioned<\/a> he believes \u201ccorporate chains\u201d will be effective and beneficial for the companies that own and operate them.<\/p>\n<p>\u201cUsers simply won\u2019t have any means to engage in their benefits. Base is a prime example,\u201d he indicated.<\/p>\n<p>Other users <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/_Pacifire\/status\/1980242080573145579\" rel=\"noopener nofollow\" target=\"_blank\">speculated<\/a> that corporations might establish blockchains but subsequently transfer control to native companies or seek to acquire existing blockchains and then enhance them for specific purposes.<\/p>\n<p><em><strong>Magazine:<\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/bitcoin-bull-run-ethereum-price-crypto-supercycle-hodlers-digest\/\"><em><strong> Ether\u2019s price to go \u2018nuclear,\u2019 Ripple seeks $1B XRP buy: Hodler\u2019s Digest, Oct. 12 \u2013 18<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\" label=\"Subscription Form: Crypto Biz Newsletter\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/corporate-blockchains-will-fail-starkware-ceo?utm_source=rss_feed&#038;utm_medium=rss&#038;utm_campaign=rss_partner_inbound\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Blockchains developed and overseen by businesses will ultimately perish, as users will not desire a chain managed by a centralized authority, as per Eli Ben-Sasson, co-founder and CEO of the blockchain firm StarkWare. Ben-Sasson stated in a post on X this past Monday that he was reinforcing his stance that \u201ccorporate\u201d chains will not<\/p>\n","protected":false},"author":3,"featured_media":17200,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[3976],"class_list":{"0":"post-17199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-starkware-ceo-says-corporate-blockchains-will-not-survive-long-term-gpt"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;StarkWare CEO Predicts the Downfall of Corporate Blockchains in the Long Run&quot; - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/21\/starkware-ceo-predicts-the-downfall-of-corporate-blockchains-in-the-long-run\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;StarkWare CEO Predicts the Downfall of Corporate Blockchains in the Long Run&quot; - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Blockchains developed and overseen by businesses will ultimately perish, as users will not desire a chain managed by a centralized authority, as per Eli Ben-Sasson, co-founder and CEO of the blockchain firm StarkWare. 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