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Why Solana Claims Its Decentralization Surpasses Ethereum

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by Giorgi Kostiuk

4 hours ago


Discussions about the degree of decentralization in blockchains continue to revive following remarks about Solana made by Max Resnick, Lead Economist at Anza.

Max Resnick on Solana's Decentralization

Max Resnick noted that Solana's decentralization efforts surpass those of Ethereum. He expressed that most blockchains merely maintain the appearance of decentralization without truly achieving it. According to him, with community support, Solana could achieve full decentralization in less than two years.

Community Response and Competition

While many view Solana as a direct competitor to Ethereum, co-founder Anatoly Yakovenko stated that the network does not compete with Ethereum. He pointed out that the real issue lies in the emergence of decentralized Layer-2 sequencers, which he believes undermine the very concept of decentralization.

Recent Events Surrounding Solana

Recently, the Solana ecosystem was spotlighted after a secret node operator in Iran ceased operations. Resnick welcomed this development, asserting that removing hidden validators was essential for strengthening trust and reducing centralization within the network. He emphasized that this event indicates ongoing efforts by Solana to eliminate non-transparent processes in its architecture.

According to experts, Solana continues to be in the headlines due to its technical advancements and active promotion of decentralization, aiming to demonstrate the advantages of decentralized systems.

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