PANews reported on May 9 that Armani Ferrante, founder of Backpack, responded to the discussion of Solana co-founder toly on the X platform, saying that if the validator is licensed and identifiable, once the value of the chain is high enough, it is easy to be controlled by the country or forces, and eventually evolve into "national versions of NASDAQ", such as China, the United States and Europe operating separately. Ferrante pointed out that in this case, even if the appearance is covered with a virtual machine (VM), it is only "makeup" from a security perspective. The essence is still the traditional financial (TradFi) system, but the asset quality is worse, the efficiency is lower, and the users are more dissatisfied.