Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    What Really Happens Inside Liquidity Pools? How They Work and Why They Matter
    NewsCryptoMarket

    How Liquidity Pools Power DeFi: Risks, Rewards, and Real Use Cases

    This article was first published on Deythere. Liquidity Pools are the basis…

    By
    Jane Omada Apeh
    December 13, 2025
    Gold-Backed Token
    CryptoMarketNews
    Bhutan Unveils Sovereign Gold-Backed Token TER on Solana
    December 12, 2025
    Coinbase Launches Solana On-Chain Trading, Unlocking Instant Access for 100M Users
    NewsCryptoMarket
    Coinbase Launches Solana On-Chain Trading, Unlocking Instant Access for 100M Users
    December 12, 2025
    CFTC Withdraws 2020 Crypto Guidance Exchanges Gain Major New Freedom
    NewsCryptoMarket
    CFTC Withdraws 2020 Crypto Guidance: Exchanges Gain Major New Freedom
    December 12, 2025
    Hedera Edges Into NATO DIANA's 2026 Cohort: What Neuron Brings to the Battlefield
    NewsCryptoMarket
    Hedera Breaks Into Defense Tech: Neuron Joins NATO’s DIANA Innovation Program
    December 12, 2025
  • Cryptocurrency
    What Really Happens Inside Liquidity Pools? How They Work and Why They Matter
    How Liquidity Pools Power DeFi: Risks, Rewards, and Real Use Cases
    20 Min Read
    Gold-Backed Token
    Bhutan Unveils Sovereign Gold-Backed Token TER on Solana
    6 Min Read
    Coinbase Launches Solana On-Chain Trading, Unlocking Instant Access for 100M Users
    Coinbase Launches Solana On-Chain Trading, Unlocking Instant Access for 100M Users
    6 Min Read
    CFTC Withdraws 2020 Crypto Guidance Exchanges Gain Major New Freedom
    CFTC Withdraws 2020 Crypto Guidance: Exchanges Gain Major New Freedom
    6 Min Read
    Hedera Edges Into NATO DIANA's 2026 Cohort: What Neuron Brings to the Battlefield
    Hedera Breaks Into Defense Tech: Neuron Joins NATO’s DIANA Innovation Program
    7 Min Read
    YouTube Adds PYUSD Payouts for US Creators
    YouTube Adds PYUSD Payouts for US Creators
    5 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Solana Responds to Edward Snowden’s Criticism Over Centralization
Share
Bitcoin Bitcoin (BTC) $90,436.63 ↓ -2.33%
Ethereum Ethereum (ETH) $3,120.06 ↓ -4.11%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.02%
XRP XRP (XRP) $2.03 ↓ -0.17%
BNB BNB (BNB) $889.30 ↑ 0.17%
USDC USDC (USDC) $1.00 ↓ -0.02%
Solana Solana (SOL) $133.73 ↓ -3.30%
TRON TRON (TRX) $0.27 ↓ -1.58%
Dogecoin Dogecoin (DOGE) $0.14 ↓ -1.96%
Cardano Cardano (ADA) $0.41 ↓ -3.50%
Bitcoin Cash Bitcoin Cash (BCH) $576.93 ↓ -0.79%
Chainlink Chainlink (LINK) $13.87 ↓ -1.74%
Hyperliquid Hyperliquid (HYPE) $28.12 ↓ -5.73%
UNUS SED LEO UNUS SED LEO (LEO) $9.49 ↑ 0.16%
Stellar Stellar (XLM) $0.24 ↓ -2.34%
Monero Monero (XMR) $412.41 ↑ 0.65%
Zcash Zcash (ZEC) $455.03 ↓ -0.52%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ 0.00%
Litecoin Litecoin (LTC) $81.88 ↓ -2.90%
Sui Sui (SUI) $1.60 ↓ -2.73%
Avalanche Avalanche (AVAX) $13.38 ↓ -2.16%
Dai Dai (DAI) $1.00 ↓ -0.01%
Hedera Hedera (HBAR) $0.12 ↓ -4.33%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.12%
Mantle Mantle (MNT) $1.26 ↑ 3.06%
Toncoin Toncoin (TON) $1.62 ↓ -1.27%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.00%
World Liberty Financial World Liberty Financial (WLFI) $0.14 ↓ -2.22%
Cronos Cronos (CRO) $0.10 ↓ -2.05%
Uniswap Uniswap (UNI) $5.48 ↓ -2.80%
Polkadot Polkadot (DOT) $2.04 ↓ -0.61%
Aave Aave (AAVE) $201.77 ↓ -2.16%
Bittensor Bittensor (TAO) $293.55 ↓ -2.67%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.01%
Canton Canton (CC) $0.07 ↓ -3.21%
Bitget Token Bitget Token (BGB) $3.60 ↓ -0.25%
OKB OKB (OKB) $115.78 ↓ -0.77%
Aster Aster (ASTER) $0.95 ↓ -1.44%
NEAR Protocol NEAR Protocol (NEAR) $1.67 ↓ -2.23%
MemeCore MemeCore (M) $1.66 ↑ 6.80%
Ethereum Classic Ethereum Classic (ETC) $13.17 ↓ -0.67%
Ethena Ethena (ENA) $0.25 ↓ -5.75%
Pepe Pepe (PEPE) $0.00 ↓ -4.44%
Internet Computer Internet Computer (ICP) $3.26 ↓ -4.98%
Pi Pi (PI) $0.21 ↓ -1.49%
Tether Gold Tether Gold (XAUt) $4,303.02 ↓ -0.35%
PAX Gold PAX Gold (PAXG) $4,317.41 ↓ -0.24%
Ondo Ondo (ONDO) $0.46 ↓ -3.42%
Worldcoin Worldcoin (WLD) $0.59 ↓ -3.18%
Global Dollar Global Dollar (USDG) $1.00 ↓ -0.02%
KuCoin Token KuCoin Token (KCS) $10.72 ↓ -1.23%
Sky Sky (SKY) $0.06 ↓ -0.05%
Polygon (prev. MATIC) Polygon (prev. MATIC) (POL) $0.12 ↓ -0.61%
Kaspa Kaspa (KAS) $0.05 ↓ -2.20%
Aptos Aptos (APT) $1.66 ↓ -4.07%
Arbitrum Arbitrum (ARB) $0.21 ↓ -3.23%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $5.58 ↓ -2.14%
Algorand Algorand (ALGO) $0.12 ↓ -5.21%
Cosmos Cosmos (ATOM) $2.17 ↓ -1.02%
Ripple USD Ripple USD (RLUSD) $1.00 ↑ 0.01%
VeChain VeChain (VET) $0.01 ↓ -2.96%
Flare Flare (FLR) $0.01 ↓ -1.94%
Filecoin Filecoin (FIL) $1.35 ↓ -4.27%
Quant Quant (QNT) $81.01 ↓ -1.52%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -4.67%
XDC Network XDC Network (XDC) $0.05 ↓ -2.78%
GateToken GateToken (GT) $10.40 ↓ -1.19%
Sei Sei (SEI) $0.13 ↓ -2.28%
Render Render (RENDER) $1.55 ↓ -4.50%
MYX Finance MYX Finance (MYX) $3.10 ↑ 0.16%
Bonk Bonk (BONK) $0.00 ↓ -3.97%
USDD USDD (USDD) $1.00 ↓ -0.02%
PancakeSwap PancakeSwap (CAKE) $2.22 ↓ -1.65%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.05%
Pudgy Penguins Pudgy Penguins (PENGU) $0.01 ↓ -3.60%
Story Story (IP) $1.89 ↓ -5.58%
Jupiter Jupiter (JUP) $0.20 ↓ -4.48%
Nexo Nexo (NEXO) $0.98 ↓ -0.89%
Optimism Optimism (OP) $0.31 ↓ -1.82%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.25 ↑ 2.93%
Dash Dash (DASH) $45.93 ↓ -3.91%
Curve DAO Token Curve DAO Token (CRV) $0.40 ↓ -1.91%
Immutable Immutable (IMX) $0.28 ↓ -2.07%
Aerodrome Finance Aerodrome Finance (AERO) $0.61 ↓ -4.12%
SPX6900 SPX6900 (SPX) $0.59 ↓ -6.22%
Injective Injective (INJ) $5.38 ↓ -6.64%
Tezos Tezos (XTZ) $0.50 ↑ 0.21%
Lido DAO Lido DAO (LDO) $0.60 ↓ -4.79%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $0.80 ↓ -5.21%
Stacks Stacks (STX) $0.29 ↓ -3.07%
Starknet Starknet (STRK) $0.10 ↓ -2.24%
Celestia Celestia (TIA) $0.58 ↓ -2.84%
TrueUSD TrueUSD (TUSD) $1.00 ↓ -0.13%
ether.fi ether.fi (ETHFI) $0.80 ↓ -3.41%
AB AB (AB) $0.01 ↑ 12.64%
Kaia Kaia (KAIA) $0.08 ↓ -0.30%
Merlin Chain Merlin Chain (MERL) $0.44 ↑ 7.37%
Telcoin Telcoin (TEL) $0.00 ↓ -1.42%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.25%
The Graph The Graph (GRT) $0.04 ↓ -7.53%
DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Solana Responds to Edward Snowden’s Criticism Over Centralization
News

Solana Responds to Edward Snowden’s Criticism Over Centralization

symbolizing the debate around Solanas decentralization versus centralization. The design should feature abstract network connec
Benedikt Krüger
Last updated: October 3, 2024 12:48 pm
By
Benedikt Krüger
Published October 3, 2024
Published October 3, 2024
Share

Recently, the Solana community has found itself defending against critiques from Edward Snowden, the former U.S. intelligence contractor and whistleblower. Snowden, speaking at the TOKEN2049 conference, raised concerns over Solana’s alleged centralization, sparking a heated debate within the crypto space.

Contents
  • Edward Snowden’s Critique of Solana’s Centralization
  • Solana Defenders Respond
  • Broader Implications for Blockchain Networks
  • Firedancer: Solana’s Push for Improved Decentralization

Edward Snowden’s Critique of Solana’s Centralization

During his virtual speech at TOKEN2049, Edward Snowden questioned the design of the Solana network, suggesting that it sacrifices decentralization for speed and efficiency. His remarks resonated with many in the blockchain community who view decentralized architecture as a core principle of blockchain technology.

Solana Defenders Respond

In response, Mert Mumtaz, CEO of Helius Labs and a prominent Solana advocate, dismissed Snowden’s claims. Mumtaz challenged critics to provide concrete evidence of vulnerabilities stemming from centralization. This stance reflects the belief among Solana supporters that the fears of centralization are overblown and unfounded.

representing the debate between decentralization and centralization in blockchain technology. The design should include abstrac

Broader Implications for Blockchain Networks

Solana’s critics often compare it to older networks like Bitcoin and Ethereum, which are seen as symbols of decentralization. However, the debate goes beyond scalability and security, touching on the strategic choices networks must make. Dave, a developer from the Cardano ecosystem, argued that Solana’s consensus mechanism contains inherent weaknesses.

Firedancer: Solana’s Push for Improved Decentralization

In light of these discussions, Solana’s future projects aim to address these criticisms. Firedancer, a new validator client independently developed by Jump Crypto, represents Solana’s commitment to enhancing network resilience. Proponents believe these developments will strengthen Solana’s reputation as a decentralized platform.

The ongoing debate about Solana’s decentralization highlights the challenges blockchain networks face in balancing speed and decentralization. While Snowden’s comments have reignited the conversation, they also present an opportunity for networks like Solana to reassess and improve their models. As the blockchain industry evolves, maintaining open dialogue on these critical issues will be essential for growth and adaptation.

Solana, decentralization, Edward Snowden, blockchain networks, Dey There

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Bitmine’s $480M Ethereum Accumulation Post-Crash Shows Renewed Institutional Confidence

Top 3 Cryptos in July 2025: Alpha Hunters Are Circling This Whitelist-Only Gem

Binance Announces Long-Awaited Launch for This Altcoin! Is a Rally Coming?

Frax Share and Dogecoin Back to Bullish Ways as MoonBag Impresses as the Best Crypto Presale Project in 2024

Ripple Launches $200K Bug Bounty to Fortify XRPL’s Institutional Lending Protocol

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByBenedikt Krüger
Benedikt Krüger is a seasoned blockchain developer and cryptocurrency analyst with 10 years of experience in the field. Starting his career in software development, Benedikt quickly transitioned into blockchain technology, where he has worked on several pioneering projects, including the development of secure blockchain networks and decentralized platforms. His expertise includes blockchain security, cryptographic protocols, and the technical underpinnings of cryptocurrency systems. At DT NEWS, Benedikt provides readers with in-depth technical analysis and expert commentary on the latest trends in the blockchain and cryptocurrency industries, ensuring they stay ahead of the curve in this fast-paced sector.
Previous Article representing the influence of cryptocurrency policies in U.S. elections with Ethereum as a central element. The Ethereum logo shoul Ethereum Shines as Nearly Half of U.S. Voters Prioritize Crypto Stances
Next Article Aerodrome DEX and Base network focusing on a sleek and modern digital trading space. The design should feature abstr Aerodrome DEX Surpasses $1 Billion TVL, Leading the Base DeFi Ecosystem
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bitcoinbitcoin
$90,502.00
24h Volume
$68,217,367,834
Market Cap
$1,806,315,855,719
24h Low/High
$89,600.00 / $92,547.00
24h ▼2.21%
7d ▲1.02%
Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
AI regulations
AI Regulations Discussed at United Nations Conference
gorilla
Gorilla Sudden Ascent in the Crypto Market
dog runes 1
BNB Bull Run Unpacking the Recent Surge in Market Valuation
bitcoin
Bitcoin Surges Amidst Optimistic Market Conditions
trump coin
Super Trump Coin Soars Analyzing Its Recent Surge in the Crypto Market
mogg coin
Mog Coin Surges Unpacking Its Rise and Future Prospects in Crypto
pendle coin
Pendle Soars Analyzing Its Recent Price Surge and Market Dynamics
stack coin
Stacks (STX) Sees Significant Gains with an 11.77% Surge in the Crypto Market

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English