Do you want to know what a "decentralized" blockchain looks like? NOT like Solana! Here is the dilemma in a nutshell but you can read the full below -- 1) Whale on Solana holds a huge leveraged position that will cause liquidations when Bitcoin and Solana crash below a certain threshold 2) The risk is so great to Solana as a blockchain to total outtage -- that the teams and investors are suggesting to 'take control' of the address in question. That's right, they will take control of another's address on the so-called decentralized Solana This is NOT how decentralization works. You cannot and should never be allowed to take over a persons account because their actions are deemed too risky, etc. Unless you have the Private Keys and Phrases, that is TOTALLY off-limits to decentralization. Solana is WAY too risky and represents the illness of traditional finance structures. It takes power away from the user and puts middlemen and others in the midst of transactions so you cannot have autonomy or freedom over your value exchange. Link: https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxPMnXJUZ1Hn/proposal/HuaL6cDtuNtfnJgvwMnYiZDHVCoLAuDtVFgJD8kYChJ4 BY THE WAY, this atrocious measure succeeded by vote. This means Solana users can hijack and take over accounts if they deem it necessary.
No comments yet