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Humorous Response: Twitter founder's typo? Solana's Twitter account renamed to "Solano": Embracing the web7 product development revolution

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Humorous Response: Twitter founder

Twitter founder's payment company Block's blockchain team TBD recently introduced a new term, Web5, at the Consensus conference in Texas, and used it as the basis to build a decentralized network platform. Jack Dorsey explained why they skipped Web3 and went straight to Web5, citing that ETH and "Solano" both have single point of failure issues. In response, the official Solana Twitter account humorously changed its name to Solano, poking fun at Jack's Web5, stating that the protocol itself is undergoing a web7 product development revolution.

Jack Dorsey's Web5

For an introduction to Web5, TBD's Mike Brock mentioned in a previous report that Web5 not only surpasses Web3 but also aims to defeat existing models by abandoning the blockchain-centric approach, achieving an uncensored, identity-centric online experience.

Twitter co-founder Jack Dorsey tweeted, "This may be our most important contribution to the internet." He added, "Rest in peace! Web3 VC." It's worth noting that he had previously criticized Web3 VC.

However, The Block's founder Mike Dudas mocked Jack Dorsey, suggesting that the applications Jack's Web5 platform aims to create are essentially what Ethereum is already doing.

Misspelling Solana?

When asked by the community where Web3 falls short in decentralization that prompted him to develop Web5, Jack responded:

Due to issues of single point of failure, like eth, solano, etc., and the lies these protocols tell about who owns and controls the protocol itself.

Note: Based on Jack Dorsey's past statements, everything except Bitcoin is considered centralized.

This led to a humorous response from the Solana team.

Solana's Twitter Handle Changed to Solano

According to their official Twitter announcement, Solana not only changed its name but also updated its bio to:

Top-tier soy web7 product, high-performance online incremental machine supplier, leapfrogging Web3-Web6 and joining the revolutionary ranks.

Since its inception, Solana has faced multiple downtime issues, with the mainnet experiencing its eighth performance degradation or network outage delay event in early June. As a result, DeFi ratings agency DeFiSafety has downgraded Solana's security rating, ranking it as the second worst blockchain protocol, just behind Axie Infinity's sidechain Ronin, which was hacked for $616 million due to vulnerabilities.

Regarding Solana's low rating, DeFiSafety pointed out several issues:

  • Poorly designed block explorer.
  • Bad node infrastructure, frequent downtime.
  • Questions about node information and blockchain data storage methods.
  • Client node software that is resistant to audits, with much lower diversity compared to competing chains.

It's unclear whether Jack made a typo or if he meant to express that Solana doesn't deserve to be remembered. In response to this news, he stated:

I will never spell solana correctly.