(Noun) A blockchain protocol that is majority owned and centrally administered by a group of venture capitalists that are usually US and often San Francisco Bay Area
based.
Instead of the usual properties of a cryptocurrency exhibited by the likes of for instance Bitcoin, Ethereum and Cardano - decentralised, secure, scalable - these blockchain protocols are typically neither secure nor decentralised, or even generally stable, while potentially achieving scaling that comes close to
Microsoft SQL Server
2019.
Certain versions of solunavax come with a VC on/off switch out of the box, others have a complete Ponzi scheme
baked in. All of them come with highly
toxic but generally fluid communities that are financially incentivised to lash out at everything that’s not a solunavax
Wow that’s an awesome blockchain you have there, shame it’s a solunavax, could never degrade myself by investing in it
Have you heard of Blacoin it’s the newest Ethereum killer? Yeah I looked at it for one second, it’s a solunavax
don’t even waste your
time mate