Solana Co-Founder Weighs In On The SUI Decentralization Debate
The post Solana Co-Founder Weighs In On The SUI Decentralization Debate appeared on BitcoinEthereumNews.com.
Solana founder offered an opinion about the Sui centralization debate. A decentralization test should be objective rather than subjective. A blockchain solution cannot be decentralized if the minority group can unilaterally block the majority. Solana co-founder Anatoly Yakovenko has weighed in on the ongoing debate around Sui’s governance and the true meaning of blockchain decentralization. His comments come as the Sui network faces pointed questions following its intervention in the aftermath of the multi-million dollar CETUS DEX exploit. Yakovenko offered his distinct opinion on how blockchain users and developers should actually understand and measure the concept of decentralization. Decentralization test is objective, not a bunch of subjective hand wavy bs: 1) can a minority unilaterally block the majority from making changes or functioning then it’s not decentralized 2) can the majority block the minority from exiting or forking its own chain (for… — toly 🇺🇸 (@aeyakovenko) May 23, 2025 According to Yakovenko, a decentralization test should be objective rather than subjective. The Solana co-founder outlines standards that can determine whether a blockchain protocol is decentralized. For instance, Yakovenko stated that a blockchain solution cannot be decentralized if the minority group can unilaterally block the majority from making changes or functioning. Yakovenko’s Litmus Test: What Makes a Blockchain Truly Decentralized? On the contrary, the renowned blockchain expert condemned the situation where the majority can block the minority from exiting or forking its chain by withholding data or initiating an emergency upgrade on the bridge contract. Related: Sui Blockchain Fast-Tracks Whitelist Function After Messy CETUS DEX Hack Yakovenko’s opinion appeared to criticize the action by the Sui team, following their intervention by altering the protocol after the infamous CETUS DEX exploit, where a hacker stole about $233 million from their liquidity pool. Solana Co-Founder’s View Appears to Critique Sui’s CETUS Hack Response…
Filed under: News - @ May 24, 2025 9:27 am