Edward Snowden, a famous whistleblower, said that Solana, a cryptocurrency, is a centralized network. A centralized network is like a boss controlling everything, while a decentralized one is more like a group working together to make decisions. Mert Mumtaz, a developer for Solana, challenged Snowden's claim and asked him to provide data to prove that Solana is centralized. This led to a discussion about whether Solana is centralized or not. Read from source...

https://www.deepnews.io/j/DAN_s_article_story_critics_highlighted_inconsistencies_biases_irrational_arguments_emotional_behavior_bz-46598145

### AI:
2024-10-02 22:45:42

Esteemed Whistleblower Edward Snowden is now under fire from a high-profile cryptocurrency influencer. The individual, who wishes to remain anonymous, has challenged Snowden's recent assertion that Solana (SOL), a popular cryptocurrency, is a centralized network. Snowden, who rose to prominence following his 2013 whistleblowing on the United States' National Security Agency (NSA), made this claim at a recent cryptocurrency conference in Singapore.

The challenge comes after Snowden's comment that "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.’" Snowden did not provide any evidence to back up his claim, which has been met with criticism from members of the Solana community.

Mert Mumtaz, CEO of Solana-based developer platform Helius, publicly challenged Snowden to provide data that would support his claim. Mumtaz argued that it would be nearly impossible for a single entity to gain control over Solana's network due to its vast distribution across different jurisdictions, countries, and governments. "If you can’t do this and you call Solana centralized, you are full of baloney," Mumtaz commented.

The CEO also pointed out that while Bitcoin and Ethereum might be more decentralized than Solana, it does not imply that Solana is centralized. Mumtaz invited Snowden to a live debate on the issue.

Snowden's comments are particularly notable given his reputation as a strong advocate for decentralization. During the Token 2049 conference, he cautioned against diluting these principles to appease institutional investors.

The debate between Mumtaz and Snowden could provide further insights into Solana's decentralization and its potential to reshape the future of the internet.

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Article's Stock Opinions:

1. Solana:
(72%, 28%) positive - buy - outperform - strong buy - hold - underperform - sell - strong sell

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