News

Bankless Co-founder David Hoffman Joins Solana Foundation as Vice President of Decentralization!

Key Points:

  • Bankless Co-founder David Hoffman joins Solana Foundation as VP of Decentralization
  • Hoffman resigns from Bankless for full-time role at Solana Foundation.
  • Hoffman cites desire to enhance Solana’s decentralization efforts.
  • Solana founder Anatoly Yakovenko praises Hoffman’s technical expertise and commitment to decentralization.
Bankless Co-founder David Hoffman has made a significant announcement, revealing his immediate resignation from Bankless to assume a full-time role at the Solana Foundation as its inaugural “VP of Decentralization.”

Anatoly Yakovenko, the founder of Solana, expressed his enthusiasm for VP of Decentralization’s addition to the team, emphasizing the importance of enhancing decentralization within the organization. “We really wanted to increase our decentralization, so who better to bring aboard than one of Ethereum’s most technical podcasters,” Yakovenko stated. “Who knows – maybe he can make our money more ultrasound.”

In a tweet announcing his new position, Hoffman articulated his commitment to furthering Solana’s decentralization efforts. “I just really want to help Solana decentralize,” he affirmed. “This goes beyond Nakamoto coefficients for me; this is about actually making a difference. Anybody with a data center should be able to run a Solana validator.”

Read more: Synthetix Review: DeFi Platform Is Now Attracting Users On Optimism

Hoffman Resigns from Bankless, Assumes Vital Role at Solana Foundation

Reflecting on Hoffman’s departure, Bankless co-founder Ryan Sean Adams expressed surprise at his colleague’s longstanding affinity for Solana. “It turns out David was a huge Solana fan this whole time, and I had no idea,” Adams admitted. “His talking about ‘centralization shortcuts’ and constantly bringing up ‘Solana outages’ on the podcast was just his way of sending me hints.”

Hoffman humorously acknowledged that the generous compensation package offered by Solana was a compelling factor in his decision. “I’ll admit, the large SOL bag for compensation was also a huge factor in my decision,” he confessed. “I didn’t buy a truckload at $10, so I’m grateful for the second opportunity to get my hands on the future money of planet earth.”

Anthony Sassano of the Daily Gwei commended Hoffman for his bold move to the Solana Foundation. “I applaud David for his courage to take on this new position at the Solana Foundation,” Sassano remarked. “Despite their differences, David and the manlets both enjoy offending ETH Maxis, so culturally it’s a great fit.”

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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