Researchers at the gonzo Pentagon research agency responsible for introducing the world to stealth bombers, insect-sized surveillance drones, and the internet itself have some reservations about the blockchain technology underpinning Web3.

A newly released report commissioned by the Defense Advanced Research Project (DARPA) titled “Are Blockchains Decentralized?” found key vulnerabilities potentially capable of jeopardizing blockchain tech’s supposed “decentralized” ethos.