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Home»ALTCOIN NEWS»Snowden held Solana’s centralized approach to blockchain as a beacon.
ALTCOIN NEWS

Snowden held Solana’s centralized approach to blockchain as a beacon.

By Crypto FlexsOctober 3, 20243 Mins Read
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Snowden held Solana’s centralized approach to blockchain as a beacon.
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  • Edward Snowden is a trusted privacy advocate.
  • Solana‘S Blockchain Development Approach It has been criticized.
  • portion government get control through technology.

In 2013, Edward Snowden shattered assumptions about online privacy by exposing a global surveillance operation targeting citizens. Although his revelations cost him dearly personally, they established him as a staunch defender of privacy rights.

Snowden criticized Solana’s centralized blockchain development approach at Token2049 in Singapore, warning that it could ultimately play into the hands of authoritarian regimes.

Solana Under Fire

While answering an audience question about developing “secure” technology at Token2049, Snowden highlighted Solana as an example of how not to build a blockchain. He emphasized that true security must be ‘hostile’ from the beginning.

Snowden explained that Solana takes a good idea but centralizes it to make the protocol faster and cheaper. While this may offer convenience, he warned, it also creates a trade-off in that it results in “a system with levers that people can simply take.”

However, Snowden wasn’t overly concerned for now, noting that Solana’s main use cases are limited to memecoins and fraud rather than anything that serves national interests.

Snowden reiterates warning

Helius engineer refutes Snowden’s claims about centralization “mert | helius.dev” asked anyone to identify specific attack vectors that could compromise the Solana network. The developer dismissed claims of centralization as “full of bullshit” and urged critics to provide concrete evidence.

All the same, Mutt | helius.dev’s comments did not address the state-sponsored coup scenario. In contrast, Snowden discussed the recent arrest and release of Telegram founder Pavel Durov.

Privacy advocates pointed out that the messaging app changed its terms of service after Durov was launched, showing the pressure centralized platforms face from authorities.

Snowden laments that this is a harsh reality of the modern world, with some governments “actively seeking to bureaucratize, influence, nudge, shape and ultimately control every individual within their territory and beyond.” He warned. “Technology has made this possible.”

On the flipside

  • that nervous between scalability and dispersion It has become basic challenge to Blockchain developmentwith project Forcing priorities. one above different.
  • no way liberal all will be considered food of regulation not trial agree
  • There must be something appropriate balance between extremes complete freedom authoritarian control.

Why This Matters

Solana’s fast transactions and low fees may initially attract users, but Snowden’s criticism raises concerns about the long-term sustainability of its development approach.

Solana memecoin trader fumbles with Moo Deng bag.
Embarrassed Solana Meme Coin Trader Misses Out on $6.3 Million in Profit

As tensions in the Middle East rise, Bitcoin’s hedging credentials have been called into question.
Uptober disruption due to Iran-Israel conflict sends investors into gold

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