Snowden criticizes VC control on Solana, pushes for decentralization
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 10 2024Snowden on Decentralization: Edward Snowden emphasized the significance of decentralization at Near’s Redacted conference, criticizing AI-driven surveillance and the influence of venture capitalists on blockchain projects.
Concerns about Solana: He highlighted Solana as an example of a blockchain that has been heavily influenced by VC funding, which he believes undermines its independence, despite acknowledging its rapid growth and potential for the future.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
