Dogecoin Creator Criticizes Solana as Centralized Database with No Real Solutions

Dogecoin co-founder Billy Markus has recently commented on Solana. Billy Markus, aka Shibetoshi Nakamoto, is one of the co-founders of Dogecoin. Markus has recently taken to his Twitter account to talk about cryptocurrencies in general.

Also read: How to Bridge From Solana to Ethereum

Cryptocurrencies are rising in terms of adoption and numbers. There are thousands of cryptos out there. However, not all of them are worth considering as gems. Markus stated in his tweet that cryptocurrencies that have high gas fees or high transaction fees are slowly turning into broken garbage. He also said, “Scale the tech, or ngmi.”

Solana is centralized, says Markus

Even though Markus doesn’t associate himself with Dogecoin, DOGE has very low transaction fees. There are numerous cryptocurrencies and blockchains out there touting low gas fees.

A Twitter user commented below Markus’ tweet, stating that Solana solves the problem of high gas fees. To this, Markus replied that Solana is a centralized database. He also added that it doesn’t really solve anything.

Solana was indeed famous for its recurring network outages in 2022. However, the team had taken quick actions to fix them every time. Even though cryptocurrencies in general act in a united way, there is always a secret competition over which crypto or blockchain is better.