Solana Founder Slams Robinhood Chain's Fee Model as a 'Ridiculous Take'

A heated controversy has erupted between Offchain Labs and Solana over Robinhood Chain's fee structure.

The debate centers around whether applications that create their own network should receive the majority of revenue, or if it should go to the blockchain itself.

Solana co-founder Anatoly Yakovenko criticized Robinhood Chain for profiting from increasing transaction costs caused by network congestion. He argues that this represents a different motivation than traditional blockchain technology, which aims to keep costs low.

Offchain Labs co-founder Steven Goldfeder defended Arbitrum's approach, citing the revenue-sharing mechanism in place for Robinhood Chain, where 90% of revenue goes to the app and 10% to the network. He believes this model gives developers more control over their blockchain's economics.