Lily Liu: "Permissioned Blockchain" is Strangling the Crypto Soul, We Should Reclaim the Native Spirit of Cryptography"
BlockBeats News, November 17, Lily Liu, Chair of the Solana Foundation, posted on social media calling for a return of the "crypto world to the cypherpunk spirit."
Lily Liu said, "We are in the 'enterprise chain' era—where those with massive balance sheets and ready-made distribution channels can wrap a single sequencer in fancy marketing, while rigidly narrating 'decentralization is actually irrelevant,' and claiming that this centralization effort 'is helping Layer1 development,' even though everyone knows this is just a logically contradictory propaganda."
At the same time, truly crypto-native application chain infrastructure is being crushed by corporate giants. Even in revenue distress, these projects begin to self-hypnotize, believing that the only way out is to transform themselves into an 'enterprise chain.' This is by no means the vision I longed for when I first read the 'peer-to-peer electronic cash system' whitepaper, and I am sure this is also the common voice of the vast majority of crypto practitioners."
You may also like
WEEX × LALIGA: Seven Stars That Represent a Shared Standard of Excellence
True excellence in football is never accidental. It is built on discipline, consistency, and the ability to deliver under pressure — season after season. The same principles apply in professional trading, where long-term performance matters more than short-lived momentum. As an official regional partner of LALIGA, WEEX highlights seven outstanding players who embody the league’s competitive spirit and global appeal. Each brings a unique style to the pitch, yet all share values that closely align with WEEX’s commitment to stability, precision, and professional execution. This partnership is built on shared standards — where consistency and control define performance under pressure.

The Year Trump Embraced Cryptocurrency

IOSG: Port and New City, Two Cryptoverse Views of BNB Chain and Base

Long-standing domestic public blockchain NEO sees feud between two co-founders, with opaque finances as the core reason

Hong Kong Virtual Asset Trading Platform New Regulations (Part 2): New Circular Issued, Has the Boundary of Virtual Asset Business Been Redefined?

4 Years of Web3 Entrepreneurship: 7 Key Takeaways

Key Market Intelligence on December 30th, how much did you miss out on?

Matrixdock 2025: The Practical Path to Sovereign-Grade RWA of Gold Tokenization

$50 to $1 Million: How to Survive in the Meme Battlefield with 'Wallet Tracking'

Without Narrative Power, Web3 Will Not Tap into the Vastness

From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…

UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What’s the Overseas Crypto Community Talking About Today?
Key Takeaways The crypto market is buzzing with multi-threaded discussions, from macro trends to specific protocols and scams.…

Yield Farming at 86% APY? How to Use Bots to “Earn While You Sleep” on Polymarket
Key Takeaways Polymarket presents untapped opportunities for bot utilization, despite existing competition. A proprietary trading bot streamlines the…

“Elon Musk’s Nemesis Trade” Colossal ETH Short Sparks Debate in Crypto Circles
Key Takeaways A colossal short position was secured against Ethereum (ETH) worth approximately $106 million by a single…

Dragonfly Partner Foresees BTC Surpassing $150K by 2026 but Market Share Decline
Key Takeaways Bitcoin is anticipated to climb over $150,000 by the end of 2026, although its market dominance…

Elon Musk Liquidation Wall: Liquidates $106M Short Position, Faces $479K Loss
Key Takeaways A $106 million ETH short position was liquidated after just 15 hours, resulting in a $479,000…

The Eve of a Fed Pivot: Wall Street Girds for Rate Battle Without 'Powell'

After 500 Rejections, I Started Building a Product People Actually Use
WEEX × LALIGA: Seven Stars That Represent a Shared Standard of Excellence
True excellence in football is never accidental. It is built on discipline, consistency, and the ability to deliver under pressure — season after season. The same principles apply in professional trading, where long-term performance matters more than short-lived momentum. As an official regional partner of LALIGA, WEEX highlights seven outstanding players who embody the league’s competitive spirit and global appeal. Each brings a unique style to the pitch, yet all share values that closely align with WEEX’s commitment to stability, precision, and professional execution. This partnership is built on shared standards — where consistency and control define performance under pressure.