Solana Foundation: Offensive memecoin issues can be filtered out
During a panel discussion on memetic coins at the BUIDL Asia Summit in Seoul, Austin Federa, the communications director of the Solana Foundation, stated that selection means wallet developers have the right to blacklist. Almost every wallet in every ecosystem filters out junk NFTs and junk tokens. If users are willing, they always have the ability to reveal something, but the core network needs to remain unauthorized. Federa stated that validators and nodes have a legal obligation to review certain content, citing the US Office of Foreign Assets Control (OFAC) sanctions on Tornado Cash transactions and sanctions on North Korea and other crypto wallets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What's next for the crypto market after the Trump tariff-fueled price plunge?
Crypto prices plunged over the weekend amid risk-off sentiment following President Trump’s plan to implement heavy tariffs on imported goods from Canada, Mexico and China.While most analysts agree that tariffs are negative for crypto in the short term, some argue that, alongside other catalysts, they could ultimately benefit the asset class in the medium to long term.
ETC Trading Surges: Could It Counteract a Potential ETH Downturn?
ETC Emerges as a Robust Competitor Amid Rising Trading Volume and Investor Confidence - Is it the New Safe Haven Against Ethereum’s Bearish Trends?
AVAXAI Launches First-Ever Deepseek-Powered DeFAI Product on Avalanche Blockchain
Trump's token "TRUMP" fell more than 70% from its high point
Trending news
MoreCrypto prices
More
