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Snowden calls for decentralization, questions potential VC influence on Solana

2024-11-11 01:45
Odaily News Edward Snowden, the whistleblower of the "Prism Gate", spoke about decentralization at the Near Redacted conference in Bangkok, Thailand. While talking about topics such as cryptocurrency, artificial intelligence, and blockchain technology, Snowden also talked about the impact of VC on blockchain projects, using Solana as an example. He described Solana as "born in prison" because it has received a lot of VC funding, suggesting that financial support may hinder the ability of its blockchain network to operate independently. While he acknowledged Solana's rapid growth, he was also concerned about too much ownership being transferred to investors. However, he also pointed out that Solana may "achieve something" in the future. In addition, throughout his speech, Snowden emphasized the importance of decentralization in countering the widespread surveillance capabilities brought by artificial intelligence. He warned that AI-driven surveillance allows governments and companies to process large amounts of personal data in real time, which could pave the way for large-scale real-time data analysis. (Cointelegraph)