BlockBeats News, November 17, Lily Liu, Chair of the Solana Foundation, posted on social media calling for a return of the “crypto world to the cypherpunk spirit.”
Lily Liu said, “We are in the ‘enterprise chain’ era—where those with massive balance sheets and ready-made distribution channels can wrap a single sequencer in fancy marketing, while rigidly narrating ‘decentralization is actually irrelevant,’ and claiming that this centralization effort ‘is helping Layer1 development,’ even though everyone knows this is just a logically contradictory propaganda.”
At the same time, truly crypto-native application chain infrastructure is being crushed by corporate giants. Even in revenue distress, these projects begin to self-hypnotize, believing that the only way out is to transform themselves into an ‘enterprise chain.’ This is by no means the vision I longed for when I first read the ‘peer-to-peer electronic cash system’ whitepaper, and I am sure this is also the common voice of the vast majority of crypto practitioners.”
