Researchers from the University of Pennsylvania have found that a significant number of ICOs retained centralized control through undisclosed code. Backdoor Centralization The full paper, titled Coin-Operated Capitalism and published on July 18, is an “interdisciplinary effort spanning law, economics, and computer science,” according to University of Pennsylvania Law Professor David Hoffman. The researchers looked at the top fifty ICOs which raised a total of $2.6 billion USD in revenue with the notional initial market cap ofRead MoreThe post New Research Finds Backdoor ‘Centralized Control’ in Many ICOs appeared first on Bitcoinist.com. For Further Information Click on Below ButtonShow More