Snowden Issues Warning: Solana Caught Between Innovation and Venture Capital
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 11 2024Snowden's Critique of Solana: Edward Snowden criticizes Solana for its heavy reliance on venture capital, arguing that this undermines the core principles of decentralization in blockchain technology and gives disproportionate power to large investors.
Importance of Decentralization Against AI Surveillance: Snowden emphasizes the need for true decentralization as a defense against the misuse of AI for surveillance, advocating for open-source technologies to protect individual freedoms from manipulation by both government and private entities.
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.
