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Lily Liu: "Enterprise chains" are killing the spirit of encryption, we should find back the native spirit of encryption.
BlockBeats news, on November 17, Lily Liu, the chairwoman of the Solana Foundation, posted on social media calling for the "crypto world to return to the spirit of cypherpunk." Lily Liu stated: "We are in the era of 'AppChain' - companies with massive balance sheets and ready distribution channels can package a single sequencer with fancy marketing while promoting the rigid narrative that 'decentralization doesn't matter' and claiming that this centralized effort 'is helping Layer1 development,' even though everyone knows this is just illogical promotional rhetoric. Meanwhile, the application chain infrastructure that truly embodies the native spirit of encryption is being crushed by corporate giants. Even in the face of revenue difficulties, these projects start to self-hypnotize, believing that the only way out is to transform themselves into 'AppChain.' This is definitely not what I thought upon first reading.
LIY-9.32%

