• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Gemini Settles Unregistered Crypto Lending Lawsuit With US SEC
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Gemini Settles Unregistered Crypto Lending Lawsuit With US SEC
Solana news

Decentralization Myth? Solana Founder’s Comment Ignites Controversy

Jake Simmons
by Jake Simmons
2 months ago
·
Posted in Solana
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

When Solana Labs co-founder Anatoly Yakovenko posted on X on 14 June that “all users need is 1 full node to defend against 100 percent of malicious stake,” the remark detonated a familiar flashpoint in the ongoing Solana-versus-Ethereum culture war. In Yakovenko’s telling, any node—even one with zero SOL staked—could “carry the torch” and veto a rogue software upgrade, because Solana’s fork-choice rules allow any honest client to refuse blocks it considers invalid. Critics immediately seized on the claim as proof that the network’s vaunted speed rests on a fragile foundation of social coordination rather than hard-coded decentralization.

Solana Decentralized?

Developer “0xZodomo” fired the first volley, warning that “a single Discord channel is capable of making sweeping changes to Solana consensus,” and accusing “wolves” of selling centralization as a feature. Lawyer Gabriel Shapiro (@lex_node) sharpened the satire, dubbing an imaginary one-node chain “gorbagana” and joking that the dumpster fire could be kept alive by a lone hold-out. Ethereum supporter “Etheraider” piled on, noting that Solana has averaged “an outage once every six months for the last four years,” an allusion to the seven documented halts the network has suffered since 2020.

Related Reading: Bitwise Says the Next Trillion-Dollar Crypto Wave Could Start With These 4 Tokens

Yakovenko, better known as “toly,” doubled down. If users “get a bunch of user nodes to follow your leader and only accept finality locally after double-spend synchronicity assumptions,” he quipped, “you are golden.” Fee stability, not perfect uptime, was his priority: “No fee spikes,” he wrote, arguing that retail users care more about predictable costs than about the 99th-percentile block-time metric that enterprise critics invoke. He later contrasted Solana’s throughput with the DTCC’s razor-thin revenue margins, adding, “What I care about is assets that move.”

Performance evangelists inside the ecosystem echoed that stance. Helius CEO Mert Mumtaz reminded followers that Solana “handles more scale than all other blockchains combined, has the highest-revenue apps, and is about to get 100× faster while doubling block-space”—a reference to the forthcoming Firedancer client and pipelined fee markets.

Yet the decentralization question remains stubborn. Validators.app currently lists roughly 1,400 consensus validators and 5,170 total nodes spread across 46 countries, a figure far below Yakovenko’s 6,000 but well above the 1,295 “high-quality” validators the Solana Foundation counted in its June network-health report. By contrast, Etherscan’s node tracker detects 11,841 reachable Ethereum full nodes, while the Beacon chain boasts about 1.04 million validator entities securing proof-of-stake consensus.

Related Reading: Spot Solana ETF Approval Poised To Come ‘Way Ahead’ Of Schedule

Outages also color perceptions. Solana has not suffered a hard halt since February 2024, when a duplicate-bug froze block production for five hours, but previous incidents—in September 2021, April 2022 and February 2024—fuel the charge that one Discord mis-configuration can pause the chain. The Helius outage ledger notes that five of the seven stoppages were triggered by client bugs and two by transaction-spam storms, each time requiring an off-chain validator co-ordination to restart.

That social layer is precisely what Yakovenko says keeps users safe: if consensus clients misbehave, any node may refuse the fork. Ethereum veterans counter that relying on ad-hoc coordination violates the very premise of permissionless decentralization. The debate is unlikely to cool as Solana’s footprint grows; the chain already processes 65,000 transactions per second in production loads and has been chosen by Visa for USDC treasury settlements, citing sub-cent fees and sub-second finality.

At press time, SOL traded at $160.56.

Solana price
SOL price hovers below the 0.618 Fib, 1-day chart | Source: SOLUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jake Simmons

Jake Simmons

Follow

Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

Full Profile

Related Posts

Solana

Forward Industries Launches Solana Treasury With $1.58 Billion Purchase

5 hours ago
solana_price_sol_solusd_optimized

Solana Price Prediction: September Outlook Brightens as Galaxy Digital Fuels Another Rally

12 hours ago
solana_price_sol_solusd_optimized

Solana Enters Top 5 Cryptos With $126B Market Cap, Galaxy Digital Fuels Rally

3 days ago
Ogromne inwestycje Galaxy Digital w SOL

Galaxy Digital inwestuje miliony w Solanę. Co to oznacza dla rynku?

4 days ago
Solana

Mike Novogratz Backs Solana As The Blockchain Of Choice For Financial Markets – Here’s Why

4 days ago
Solana news

World’s Largest Solana Treasury Is Here—$1.65 Billion Fuel For SOL Rally

4 days ago

Premium Sponsors

Press Releases

  • Bitcoin Hyper

    Bitcoin Hyper събра 16 милиона долара...

    3 hours ago
  • 無礦機挖礦:PepeNode迷因幣Game...

    3 hours ago
  • Mining Revenue Doubles Year-On-Year Despite Increasing Difficulty: Start Crypto Mining Now with GBC Mining

    Mining Revenue Doubles Year-On-Year Despite Increasing...

    7 hours ago
  • miner

    Behind the Ripple Price Surge: How Mint Miner Cloud Mining...

    5 days ago
  • miner

    From ETFs to Green Mining: Quid Miner Powers the Next Phase...

    5 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.