Solana Foundation Expels Malicious Validators, Sparking Debate on Network Governance and Ethics

June 11, 2024
Solana Foundation Expels Malicious Validators, Sparking Debate on Network Governance and Ethics
  • The Solana Foundation expelled malicious validator operators from its delegation program for conducting 'sandwich attacks' on retail users.

  • These operators manipulated transaction prices for personal gain, prompting protective measures for retail investors.

  • The move has ignited a broader debate on network governance and ethical practices within the blockchain community.

  • Concerns have been raised about Solana's centralized nature compared to other decentralized chains like Ethereum.

  • Despite the controversy, Solana's protocol remains strong, trading at $158.03 and poised for substantial revenue generation.

  • The Foundation's continuous enforcement efforts aim to uphold network integrity amid scalability and security concerns.

Summary based on 5 sources


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