Solana co-founder Yakovenko: ‘Ethereum embodies bourgeois digital tyranny’
Crypto.news
Published Oct 03, 2023 04:40AM ET
Updated Oct 03, 2023 10:30AM ET
Solana co-founder Yakovenko: ‘Ethereum embodies bourgeois digital tyranny’
Crypto.news - Solana co-founder Anatoly Yakovenko called the Ethereum blockchain a “digital carnival” with a bourgeois upheaval.
Yakovenko believes that Ethereum (ETH) is not a system that will ensure true decentralization. In a response to an X user, he wrote:
“In the grand theatre of economic transformation, Ethereum presents itself not as a harbinger of genuine revolution, but merely as a novel spectacle of bourgeois upheaval. As the petite bourgeoisie revel in this digital carnival, the visage of oppression subtly transforms, yet its essence remains inviolate, forever pressing upon the countenance of the toiling masses with a boot, albeit of a different style, yet no less ruthless and unrelenting.”
Anatoly Yakovenko, Solana co-founder
This represents a “boot” that presses on the face of the “working masses,” Yakovenko emphasized. In his opinion, utopia looks like a “stateless dominion” with decentralized networks of seamless communication and transactions.
“Only when the means of digital creation become accessible and cheap, akin to the very air we breathe, shall the dawn of a truly decentralized and stateless digital realm be upon us, casting away the shadows of bourgeois digital tyranny that Ethereum so subtly embodies.”Anatoly Yakovenko, Solana co-founder
In Yakovenko’s commentary, they recalled that Solana (SOL) is also far from a mass user. Allegedly, it is possible to launch a network node only with large resources. However, Yakovenko did not confirm this statement.
Yakovenko previously pointed out the problems faced by budding entrepreneurs in the blockchain field. Unlike traditional startups, he said, blockchain firms invest a lot of time, energy, and financial resources into structuring their businesses to meet regulatory requirements.
This article was originally published on Crypto.news
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