In April, the validators of the Solana network implemented an emergency update to eliminate a serious vulnerability in security, which could allow attackers to issue and steal tokens. However, the rapid measures taken by participants in the Solana network raised concerns about the level of centralization of the network. According to the Solana Foundation report from May 2, the validators coordinated the implementation of a set of two fixes. Likely, users were outraged by the lack of transparency in this process, as the patch was executed on April 17. Some perceived such actions as collusion. The founder of the Etherealize marketing institute, which is part of the Ethereum ecosystem, Grant Hammer criticized the actions taken, emphasizing that such a development could be realized for less noble purposes.
If your network can perform a hard fork overnight with a small group of validators from the data processing center in a Discord chat, what else can it do overnight? Steal, freeze, or delete your assets?
On one hand, implementing changes, Bitcoin developers behaved similarly, however, Hammer emphasized that all improvements were discussed for a long time with full information from the crypto community.
This is not blockchain, it is a subsidiary of the company, - concluded Hammer.
This is already not the first emergency update of Solana - in August, a critical issue in security was resolved just the same.
