Uniswap Creator Navigates Decentralization and Profitability as V4 Readies for Launch
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Hayden Adams created Uniswap, one of the largest decentralized exchanges, in 2018 after being introduced to crypto by Karl Floersch.
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Uniswap embraces decentralized, permissionless principles but has made controversial concessions like censoring Tornado Cash addresses.
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Uniswap V4 will launch soon with a Business Source License, limiting commercial use for up to 4 years.
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Uniswap generates revenue and has financial backers, creating incentives to protect profits over decentralization.
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Adams has greatly influenced Ethereum, which has changed since he discovered it, but Uniswap development happens publicly with community input.