Hacker News new | ask | show | jobs
by monodeldiablo 1290 days ago
I may be wrong today, but I took a peek awhile back and Solana's top N validators -- enough to exert outright control over the network -- were operated by companies from within the same 2-3 VC portfolios, which struck me as a shockingly poor standard of "decentralization" for a network which apparently prides itself on that metric.

From a certain angle, it could almost look as if said VCs were trying to add legitimacy to their portfolio investments by colluding to make Solana seem busier and safer than it really is...