Saturday, May 18, 2024

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Constructing Sovereign Blockchains


Solana (SOL) co-founder Raj Gokal is naming two blockchains which have a head begin within the sovereign blockchains crypto sub-sector.

At a TOKEN2049 panel dialogue, Gokal says that Avalanche (AVAX) and Cosmos Hub (ATOM) are “the clear winners” with regard to sovereign blockchains.

A sovereign blockchain is usually beneath the management of a single entity, not like public blockchains similar to Bitcoin (BTC) that are decentralized.

In keeping with Gokal, Cosmos Hub and Avalanche have some variations that set them aside.

“Cosmos is an old-school undertaking and it’s not that coordinated. I feel Avalanche brings the coordination and the flexibility for builders to configure their very own chains how they need. So I like that about their design. And clearly, it’s a perform of Emi’s [Gün Sirer] DNA and his nice imaginative and prescient as a founder.”

On the Avalanche founder Emin Gün Sirer, Gokal additional says,

“I feel Solana loves competitors. We love fierce competitors, we love sincere competitors from individuals who have ferocity concerning the concepts they’re bringing to the desk.

And I feel Emin might be essentially the most ferocious layer-1 [blockchain] founder that I do know. And he by no means backs down from a struggle. However he’ll shake your hand behind the stage and he’s mates with everybody. And he’s been very supportive of a variety of founders.

So I feel as a person I’ve a variety of respect for Emin and what he’s delivered to the area.”

 

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