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May 1, 2024

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains

By Mark Emem

Solana (SOL) co-founder Raj Gokal is naming two blockchains that have a head start in the sovereign blockchains crypto sub-sector.

At a TOKEN2049 panel discussion, Gokal says that Avalanche (AVAX) and Cosmos Hub (ATOM) are “the clear winners” with regard to sovereign blockchains.

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A sovereign blockchain is typically under the control of a single entity, unlike public blockchains such as Bitcoin (BTC) which are decentralized.

According to Gokal, Cosmos Hub and Avalanche have some differences that set them apart.

“Cosmos is an old-school project and it’s not that coordinated. I think Avalanche brings the coordination and the ability for developers to configure their own chains how they want. So I like that about their design. And obviously, it’s a function of Emi’s [Gün Sirer] DNA and his great vision as a founder.”

On the Avalanche founder Emin Gün Sirer, Gokal further says,

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“I think Solana loves competition. We love fierce competition, we love honest competition from people who have ferocity about the ideas they’re bringing to the table.

And I think Emin is probably the most ferocious layer-1 [blockchain] founder that I know. And he never backs down from a fight. But he will shake your hand behind the stage and he’s friends with everyone. And he’s been very supportive of a lot of founders.

So I think as an individual I have a lot of respect for Emin and what he’s brought to the space.”

 

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