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Friend.tech Team Renounces Control Over Smart Contracts

Friend.tech, the struggling decentralized social media application, has announced a major update to its platform, setting the admin and ownership parameters of its smart contracts to the address 0x000…000. This move effe...

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Friend.tech Team Renounces Control Over Smart Contracts
Friend.tech, the struggling decentralized social media application, has announced a major update to its platform, setting the admin and ownership parameters of its smart contracts to the address 0x000…000. This move effectively renounces control over these contracts, ensuring that no future changes can be made to their fees or functionality. The web client at friend.tech […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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