Solana Blockchain Crew Launches Anza to Improve Solana’s Performance
The Solana blockchain crew has created a new entity called Anza, which aims to enhance the performance of Solana Labs’ validator client, Agave. Anza, founded by former Solana Labs engineers and executives, will also focus on improving Solana’s infrastructure and developing new applications and products.
Anza’s Launch Aligns with Solana’s Long-Term Vision
Fortune Crypto reported that the formation of Anza is part of Solana’s efforts to address concerns about centralization. However, Anza co-founder Jeff Washington clarified that the launch of Anza was unrelated to industry happenings and has been part of Solana’s long-term vision. He confirmed that Anza comprises core engineers from Solana Labs who will also contribute to other projects within the ecosystem.
FTX Woes Impact on Solana’s Token
Solana’s decision to establish Anza comes after a year of regulatory scrutiny following FTX’s downfall. Additionally, SOL, Solana’s native token, faced association with the “Sam Coins” label due to support from disgraced FTX founder Sam Bankman-Fried. The revelation that Alameda Research held a significant amount of SOL caused its value to drop over 40% in a week. However, Solana has since recovered and is currently trading at around $104.
Hot Take: Anza Addresses Centralization Concerns for Solana
The launch of Anza by the Solana blockchain crew demonstrates their commitment to addressing concerns about centralization in the ecosystem. By creating a new entity focused on improving performance and infrastructure, Solana aims to strengthen its position as a decentralized platform. With the participation of experienced engineers from Solana Labs, Anza is well-positioned to contribute to the development of Solana and other projects within the ecosystem. This move showcases Solana’s determination to maintain its credibility and drive innovation in the blockchain industry.
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