Edward Snowden, the former NSA whistleblower, openly criticized the Solana blockchain network for its centralization. Speaking at the Token2049 conference via video link, Snowden expressed concerns about Solana’s operational model, describing it as a system vulnerable to manipulation by nation-states and bad actors due to its centralized structure.
https://cryptobriefing.com/snowden-solana-critique-centralization/
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tldr; Edward Snowden criticized the Solana blockchain for its centralization, claiming it compromises integrity and is mainly used for ‘meme coins and scams.’ Speaking at the Token2049 conference, Snowden highlighted Solana’s focus on speed and efficiency at the expense of decentralization, making it vulnerable to manipulation. Despite these concerns, Solana’s SOL token has increased by 10% over the past month, with analysts predicting further growth due to its transaction efficiency.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Did we really need Snowden to tell us this? Most projects are centralized dog shit
Thanks Snowden, gonna buy more sol 😂 but for real, torn between buying more bonk, popcat or moodeng
hes rite tho
*Gestures broadly*
he’s not wrong, but how is this news, doesn’t everyone already know this?
Whistle blowers blow whistles?