The chair of the Solana Foundation, Lily Liu, called on social media to let the “crypto world return to the spirit of cypherpunk.”

Lily Liu stated: “We are currently in the ‘enterprise chain’ era—those companies with massive balance sheets and ready distribution channels can package a single sequencer with fancy marketing, while using a stiff narrative to promote that ‘decentralization doesn’t really matter,’ claiming that this centralized effort ‘is helping Layer 1 development,’ even though everyone knows this is just a logically flawed promotional tactic.

Meanwhile, the application chain infrastructure that truly upholds the native spirit of crypto is being crushed by corporate giants. Even in revenue difficulties, these projects…