Crypto.news – co-founder Anatoly Yakovenko known as the blockchain a “digital carnival” with a bourgeois upheaval.
Yakovenko believes that Ethereum (ETH) is just not a system that may guarantee true decentralization. In a response to an X person, he wrote:
“Within the grand theatre of financial transformation, Ethereum presents itself not as a harbinger of real revolution, however merely as a novel spectacle of bourgeois upheaval. Because the petite bourgeoisie revel on this digital carnival, the visage of oppression subtly transforms, but its essence stays inviolate, endlessly urgent upon the countenance of the toiling plenty with a boot, albeit of a distinct model, but no much less ruthless and unrelenting.”
Anatoly Yakovenko, Solana co-founder
This represents a “boot” that presses on the face of the “working plenty,” Yakovenko emphasised. In his opinion, utopia appears like a “stateless dominion” with decentralized networks of seamless communication and transactions.
“Solely when the technique of digital creation turn out to be accessible and low-cost, akin to the very air we breathe, shall the daybreak of a really 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) can be removed from a mass person. Allegedly, it’s doable to launch a community node solely with giant assets. Nonetheless, Yakovenko didn’t verify this assertion.
Yakovenko beforehand identified the issues confronted by budding entrepreneurs within the blockchain area. In contrast to conventional startups, he stated, blockchain companies make investments a number of time, power, and monetary assets into structuring their companies to satisfy regulatory necessities.