Solana (SOL) co-founder Raj Gokal named two leading blockchains in the sovereign blockchain cryptocurrency subsector.
During a TOKEN2049 panel discussion, Gokal said that Avalanche (AVAX) and Cosmos Hub (ATOM) are “clear winners” when it comes to sovereign blockchains.
Sovereign blockchains are typically controlled by a single entity, unlike public blockchains such as Bitcoin (BTC), which are decentralized.
According to Gokal, the Cosmos Hub and Avalanche have several differences that distinguish them from one another.
“Cosmos is an outdated project and not very harmonious. We believe Avalanche gives developers the flexibility and ability to configure their own chains the way they want. So I like their design. And clearly this is a function of Emi (Gün Sirer)’s DNA and his great vision as a founder.”
About Avalanche founder Emin Gün Sirer, Gokal says:
“I think Solana likes competition. We like fierce competition, and we like honest competition from people who are fierce about the ideas they bring forward.
And I think Emin is probably the fiercest layer-1 (blockchain) founder I know. And he never backs down from a fight. But he’ll shake your hand backstage and he’ll be friends with everyone. And he has been very supportive of many of the founders.
So I think I have a lot of respect for Emin as an individual and what he brings to this space.”
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us XFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Image created by: Midjourney