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Edward Snowden criticizes Solana over centralization

DATE POSTED:October 3, 2024
Abstract digital artwork representing privacy and security concepts in cryptocurrency

United States whistleblower and privacy activist Edward Snowden has criticized major blockchain Solana (SOL) for being centralized.

Talking at the crypto conference Token2049 in Singapore, Snowden cited Solana as an example of prioritizing speed, cost-effectiveness and efficiency over decentralization. He said:

“A lot of people—and I don’t want to name names, but Solana—are taking good ideas and they’re just going, ‘Well, what if we just centralized everything? It’ll be faster, it’ll be more efficient, [and] it’ll be cheaper.’”

Why decentralization matters

SNOWDEN: Solana is centralised

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