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(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
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