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Binary Optimization Specialist
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Cryptocurrency Solana was said to be centralized:
https://thecoinacademy.co/blockchain/is-the-solana-ecosystem-really-centralized/ (see the image in paragraph "The distribution of SOL tokens")
"This report shows the high concentration of SOL tokens by “insiders”, those members of the Solana company. A high concentration of tokens is highly criticizable and not very reassuring, yet this report published on May 9, 2021, did not prevent the SOL token from breaking new records"
Another article https://cryptobriefing.com/how-decentralized-is-solana/ says "According to Messari, approximately 48% of Solana’s tokens are owned by insiders, including Solana Labs team members and venture capital investors. Additionally, another third of the supply has been allocated to ecosystem development, leaving a relatively small amount of tokens distributed in Solana’s public sale."
Can we see any positive progress in this regard or it can not be seen? Why? And how but issue it can be?
Edited by wdc2, 05 April 2023 - 10:45 AM.
https://thecoinacademy.co/blockchain/is-the-solana-ecosystem-really-centralized/ (see the image in paragraph "The distribution of SOL tokens")
"This report shows the high concentration of SOL tokens by “insiders”, those members of the Solana company. A high concentration of tokens is highly criticizable and not very reassuring, yet this report published on May 9, 2021, did not prevent the SOL token from breaking new records"
Another article https://cryptobriefing.com/how-decentralized-is-solana/ says "According to Messari, approximately 48% of Solana’s tokens are owned by insiders, including Solana Labs team members and venture capital investors. Additionally, another third of the supply has been allocated to ecosystem development, leaving a relatively small amount of tokens distributed in Solana’s public sale."
Can we see any positive progress in this regard or it can not be seen? Why? And how but issue it can be?
Edited by wdc2, 05 April 2023 - 10:45 AM.