On a day full of pranks and silly lies, Solana Labs CEO and founder Anatoly Yakovenko has joined in, introducing a new coin as an April Fool’s joke. Indeed, on Monday the Solana founder published a white paper for his cryptocurrency dubbed “BunkerCoin.”
“If you are into mainstream adoption, pivot to bunkers,” the Solana co-founder said on the X social media profile.
Solana’s Yakovenko describes BunkerCoin as a “groundbreaking blockchain protocol designed to operate under the constraints of low bandwidth networks.”
Also Read: Why Is The US Economy Heading Toward a Death Spiral?
According to Yakovenko, the coin is supposed to operate through shortwave radio channels. While the idea of a coin operating as such, it turns out that the whitepaper appears to be a joke. Hence, any BunkerCoins that might appear following Yakovenko’s post are most likely scams.
The idea of transmitting crypto through radio is not new. Rodolfo Novak, co-founder of crypto startup CoinKite, actually sent a first-of-its-kind Bitcoin transaction via ham radio in 2019.
Furthermore, back in 2014, Finnish Bitcoin enthusiasts also developed a project called Kryptoradio, which makes it possible to transmit blockchain information. This is likely the inspiration for Yakovenko’s idea of an April Fools prank.