Yes — especially when they are centralized.
Common risks:
- market cancellations
- rule changes after launch
- interference and results
Why this happens
On centralized platforms, operators:
- control backend infrastructure
- handle dispute resolution
- have the ability to override outcomes
- How decentralization solves this
Decentralized systems are designed to:
- eliminate administrative control
- lock rules into immutable smart contracts
- ensure transparent and verifiable outcome resolution
Example
Hashmarket is being developed to:
- remove any possibility of manual вмешательства
- guarantee fixed, unchangeable market rules
- enable fully trustless outcomes
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