The Solana blockchain has recently become a hotbed for the creation and trading of racist and anti-Semitic memecoins, sparking widespread controversy and debate within the cryptocurrency community. These tokens, created by anonymous developers, have been traded on popular platforms and have seen significant attention. Solana co-founder Anatoly Yakovenko publicly condemned these tokens, stating 'F’ these anti-Semitic racist incels.' The situation has raised questions about the responsibilities of decentralized platforms and the role of front-end developers in moderating content. Statements like 'DAPPS BUILT ON TOP OF BLOCKCHAINS CAN EASILY AND RIGHTFULLY SO HIDE CONTENT THEY DON'T SUPPORT' highlight the potential for platforms to filter unwanted content. Amidst the controversy, tokens like $BOME and $SLERF have seen astronomical gains, with $BOME pumping 10000% and $SLERF 5000% in a day. This has led to discussions on the need for more opinionated frontends to prevent the proliferation of harmful content, while still recognizing the challenges of censorship resistance in decentralized systems.
Should we ban racist #memecoins?
"The Solana ecosystem is having trouble dealing with a recent spate of racist and anti-Semetic meme coins minted on its platform /mashable.
A quick but nuanced take on the recent racist memecoin issue. We’ve had similar and worse on every large chain at points in various forms. If Facebook and X can’t navigate that stuff, how do we expect (at least somewhat) decentralized censorship resistant cryptocurrency…
HOTTEST $SOL memecoins are: $KOKO $SMOLE $BOME $SLERF Am I missing something?🤔👇
NEW: @solana CO-FOUNDER @aeyakovenko SAYS THAT “EACH INDIVIDUAL DEV CAN DO WTF THEY WANT IN AN OPEN MARKET, AND EACH INDIVIDUAL USER CAN CALL THEM A CLOWN IF THEY ACT LIKE ONE IN AN OPEN MARKET” - AS FRONTEND DEVS SIGNAL UPCOMING RESTRICTIONS ON RACIST TOKENS https://t.co/JOW6g0LShr
SOLANA MEMECOINS ARE GOING PARABOLIC BOME PUMPED 10000% IN A DAY SLERF PUMPED 5000% IN A DAY WHICH SOLANA MEMECOIN IS THE NEXT TO PUMP 100X?
SOLANA MEMECOINS ARE GOING PARABOLIC $BOME PUMPED 10000% IN A DAY $SLERF PUMPED 5000% IN A DAY WHICH SOLANA MEMECOIN IS THE NEXT TO PUMP 100X?
Me when I finally find that 25x Memecoin https://t.co/gA7xsI9UMM
i found the next 100x memecoin. https://t.co/O5DgLTkf1V X: @doolarzero it can become the next $BOME $SLERF $WIF
Crypto tokens named after racial slurs, Nazi imagery, and antisemitic conspiracies are gaining steam. https://t.co/SJ0hAEusXl
Protocols should be permissionless But if you run a frontend with the ability to easily block these disgusting racist tokens, you should 🫡 I have no interest in serving or profiting off this trash
The latest cryptocurrency trend? A major blockchain is overrun with racist memecoins. https://t.co/VIsXWZnPkL
Racist memecoin meta isn’t surprising at all. People will show their true colours and act in any way they want to when they think they’re protected or what they’re doing is private. It’s fairly easy already to track transactions and link accounts. It won’t be ‘private’ forever…
The real interesting thing of note here with the Solana memecoin drama is that it really wasn’t until the Jewish themed racist coins that there suddenly became a problem. There was no call to action to censor the black, Indian, Chinese, or any other racist coin. Teachable moment.
Solana memecoin frenzy sparks trend of incredibly racist meme tokens March 22, 2024 https://t.co/LtpFoZvR9h https://t.co/ueTpgT5NIq
honestly unopinionated protocols actually enable us to build more opinionated frontends should people be able to buy racist memecoins on a protocol level? i'm personally fine with getting that data so more frontends can exile them from the internet we're all building together
hate racist memecoins with passion (sad that people are buying swastika coins in 2024 wtf) but love the fact that anyone can issue any token they want on top of permissionless blockchains believe in the right for centralized platforms to filter / list/ unlist those tokens however…
If you hold any racist or prejudice meme tokens gfy Please stop
BREAKING: @solana CO-FOUNDER @aeyakovenko STATES “F’ THESE ANTI-SEMITIC RACIST INCELS” - AS SEVERAL ANTI-SEMITIC AND RACIST TOKENS ARE CREATED BY UNKNOWN DEVS AND TRADED ON @solana THROUGH POPULAR PLATFORMS https://t.co/GhgWtuek8G
“Just be racist.” - @kmoney_69 The cabal exposed themselves in 4K I really wonder who is dropping all these racist meme coins? 🤔 Wall Street Welcome To Crypto 1.0 🤡 https://t.co/7GEyZOaZSH
ICYMI: @ChartFuMonkey SAYS "DAPPS BUILT ON TOP OF BLOCKCHAINS CAN EASILY AND RIGHTFULLY SO HIDE CONTENT THEY DON'T SUPPORT" - AS SEVERAL ANTI-SEMITIC AND RACIST TOKENS ARE CREATED BY UNKNOWN DEVS AND TRADED ON @solana THROUGH POPULAR PLATFORMS https://t.co/0hhpRfMBVS
Degens buying racist memecoins on SOL, Base etc. will be in for a rude awakening when their wallets are connected to their IRL identities over time You can’t delete txs folks
Anyone see any @CoinDesk, @Cointelegraph or @TheBlock__ articles about all the racist bullshit taking place on @solana? Or would that be bad for daddies investments? https://t.co/QeIeeq3MIw
racist stuff onchain: its ok and great for front ends to not offer integrations/services to those tokens and teams. when u give *specific* tokens attention, your viral outrage is their marketing mechanic. it gives lore to that token and helps it survive longer. a bunch of kids…
Solana memecoins or ETH memecoins?