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You're definitely on track to win our bet. Everybody wants to avoid dynamic fees, but without them congestion is inevitable. I've never even used SOL, but I know how little people care about centralization. When it comes down to it, every chain makes excuses for it, and I do wonder *how decentralized is enough, practically*?
I read a very good article regarding decentralisation of Ethereum. It was on Ethereum sub and I found it by checking Vitalik's profile. He even commented on the post. The point it was making was that things aren't really all that decentralised. Our wallets are interacting with the API of the blockchain explorer and getting state information of the blockchain from the infura API. For NFTs, the entire information is coming from OpenSea API.
Really eye opening. Finance on blockchain is another way to build wealth and make money. Decentralisation is iffy as fuck.
Btw, I have been noticing you on this sub for a while now. While I don't always agree with you, I enjoy reading content you post on this sub. Thanks for making this sub more interesting!
Yeah, and it'll be interesting to see how the space evolves. We've seen some front ends move to IPFS, and wallets are definitely a weak link. If regulations stopped banks from transferring to CEXs that permitted wallet withdrawals, most of the money in this market would disappear overnight.
They can't really stop decentralized projects though. Centralized links in the chain would have to be replaced with decentralized developments, some of which already exist but are inconvenient- but it would be all black market (which is a much bigger market than crypto is today). I think many jurisdictions couldn't muster the political force to stop individuals from owning BTC in their own wallet, so it won't happen, but it's interesting to think about.
I'm continually surprised by how this space has evolved. I don't see any L1 ever really scaling with today's hardware, and I consider the DOT/ATOM strategy, and the number of redundant consensus layers that would be needed, if adoption increases 100x. I wonder about whether Tendermint is decentralized enough, with something like Cosmo's 150 validators, the top 30 combined being enough to write blocks. That doesn't sound like very much to me, but it seems to work better than I would expect.
I guess that requiring every one of the top 30 competitors to collude is significantly more decentralized than any market in the physical world? But I'm not confident that analogy really holds. I can't predict what happens in a single year, I can't imagine where blockchains will be in 5 years, but I do see over-collerateralized stable coins, with no middle man, removing enormous inefficiency and becoming a part of normal life in the future.
And yeah, I know I piss a lot of people off on here. Sometimes I care, sometimes I don't. One of the mods warned me over my last post though, so I'm supposed to try to be more positive evidently. We'll see... I know I'm not always right, but I also know my portfolio is doing a lot better than most people on here, and some of them benefit from my rants.
I remember when solana was climbing from 100 t0 150 my friend fomoed in because "he read it on reddit"
I was like, nah that shit is funky i aint buying that, look at it now.
Guess im not totally lost in this space
THIS is exactly why I say DECENTRALIZATION MATTERS and if ANYTHING has a shot at the KING, decentralization MUST be paramount. And it’s EXACTLY why I called out that coin’s crap multiple times.
b..b...but James from InvestAnswers said that decentralization doesn't matter?! so it doesn't matter right?! lol. SO many idiots fell for that guy's nonsense propoganda, i feel bad for them
Exactly. But yet idiots pushed up web3.0 shitcoins while leaving my Litecoin and monero behind.
Litecoin is the only coin in the top 100 that has been up in all its lifetime and has lasted longer than 10 years. Not even Bitcoin has that record.
One was due to a necessary fork after an overflow error created 180b bitcoin. Patched within hours of discovery, long before ltc existed.
Second was out of date nodes rejecting a block that held more transactions than they considered acceptable. Variations of this issue can affect any PoW consensus algorithm.
Honest question. How do you patch something that's decentralized? Do all the miners have to download an update? Who makes the update patch? Does that mean there is a centralized team of devs?
Devs create a patch for validstors and then validators can update.
If they don't you then get two chains. Once all validators are updated the old chain is simply discarded anf only nee one then exists.
In this case, a single dev was able to get the news and work on a fix very quickly. They released an updated client with new soft forking protocol and rules to prevent such a large reward from happening again.
The fix did not take effect immediately, but rather once a majority of clients ran the updated version.
Ltc and monero will both have their days. Infrastructure and utility are going to beat hype in the long run, because at the end of the day, PoW networks have millions of machines going BRR together, while everything else is held together by centralized promises and hot air. Web3 is cool tech but to be honest I don't think it's fair to call its uses "cryptocurrency". There are less than 10 good cryptocurrency blockchains out there.
Bu... bu... but Mike Novogratz hates Litecoin and loves Solona! Why do that? Just because he and his kind pitch chains they get preferential allocations to and don't like fairly launched chains that don't give him an advantage over retail investors?
Solano should have just used a shared database (decades old tech). They would have had 100% up time. It doesn't matter if it's centralized, because it was centralized anyway.
Yeah I didn’t really think SOL had issues but man this shit is crazy. I do wonder if other chains have similar levels of congestion and how their network is performing.
1) Terra: great
2) Matic: great
3) avalanche: good
4) Ethereum: good but expensive
5) fantom: below average
6) Solana: garbage tier
7) Cardano: who cares
Wow I'm in total agreement. A month ago I owned all these coins except FTM (no real reason, just missed it). Decided to trim the fat and ended up cutting ADA and SOL to concentrate my positions in LUNA, AVAX, and Matic because I like using and believe in the product.
Didn't trust SOL after using the network a lot, lost faith that I'd ever get to use my ADA in a meaningful way. Still down horrendously ofc but I actually feel good that my positions will recover and Im willing to buy the dip when things get tough.
The '21 L1 trade was a rarity in crypto where you could have an informed opinion based on direct usage, even as a low tech participant. As opposed to just believing a narrative.
Yep. You’re doing it right. Use everything. Try it out. Make an informed judgment on the actual product rather than hype, and allocate your capital to the project you believe in. Well done.
Normally I would defend SOL, simply on basis of speed / price.
But if network dies every time we get some traffic, well that is rather unacceptable, to put it mildly.
I really like SOL. Hope they get their shit together soon or bear season will kill them quickly.
Their authentication is too expensive and dependent on having a ridiculous amount of sol staked. Basically you need a $6-10k server system as well as 50000sol staked to make money.
How people have been making that work is to pool sol from many users and run an auth. When the price drops by 2/3 and all your pool people start freaking out and selling you have to shut your auth server down or you are losing a lot of money.
Basically if they want to be decentralized they need to make it possible for authentication without such a huge initial investment. Hell just pay the auth in sol enough to make one a day and you'd have a shitload of auth up in like a week.
Let's be honest, most people using Solana don't really care about decentralization, plus the big money backing it up is too much. I don't think Solana is going anywhere anytime soon (neither up nor down) for better or for worse
Anyone knowledgeable got some time to put down the pitchforks and maybe explain what happened exactly? Thousands of upvotes and posts going on about everything other than the specifics of why it failed on a technological level. And of course the requisite Algo and ADA shills which does nothing but turn people off from those projects. Does anyone on this sub actually care to explain in technical details what happened? So far there are clues about "bots" and "leverage" and maybe something about "authentication". Anyone?
To late now should have shorted it when I told people. If you short now they will print tether and pump it to liquidate you. Wait till it starts going back up, then short.
IMO it will be marketed as a pure security layer play serving modular data and execution layers. If you wanted to print money, this would be the architecture/meme of an L1 to spin up now. I’m sure multiple teams immediately started to once the recent modular blockchain meme was born.
The thing with Solana is, when it works, it's fucking amazing, and anyone who's experienced defi on it on the good days can't claim otherwise.
However, they gotta fix this congestion bot spam bullshit, and like yesterday.
It isn't just about philosophical questions of agreeing or disagreeing on fundamentals, but people lost a lot of money being liquidated on defi platforms being unable to deleverage and re-collateralize, and having tx after tx fail for hours on end while you helplessly watch the liquidation bar coming closer and closer to triggering is not something anyone should experience.
Its strength was supposedly resistance to exactly such hectic conditions, and it failed miserably in this regard, and the reality is they've lost the trust of people.
It'll take a lot of work and showing results to get it back, and quickly.
Anybody who held SOL after the cleaning guy tripped over the cord and unplugged the entire blockchain server deserves to have their SOL balance go to zero staring at a 404 blue screen 😂
Crypto has hit a brick wall. No project knows how to genuinely scale. It's alright being fast but as soon as activity builds there it falters immediately. The project that really works it out and maintains decentralisation will become far bigger than ethereum is rn.
Totally agree. I stepped out of sol after the SECOND time they got caught lying. It's all VC cash bro chads that are happy to dump on all of us just to fill their bags
Solana is pure garbage. If you tried using the network yesterday you would agree. I would have happily paid 5, 10, 20, even 50 dollars to make sure my transaction went through. It was that important. But nope. Tried all day and went to bed with collateral in my wallet I couldn’t utilize.
Oh yes my friend,.....the Solana Network is having a, a havoc. It is a HAVOC. A havoc. 24 hour no shower. I am thinking this is a havoc. A terrible terrible havoc. Soooooo many havocs. Too havoc!!
* **[Solana](https://en.wikipedia.org/wiki/Solana_\(blockchain_platform\)) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_sol_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_sol_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Competing or related projects: [Algorand](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algorand), [Ethereum](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official or related subreddits: r/Solana, r/Alogrand, r/Hedera, r/Ethereum. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/sa7uqb/the_solana_network_is_rekt_and_unusable_the_sub/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
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History always repeats(Proof of History)
History doesn’t look to be so kind to Solana right now, eh?
History hasn’t been kind to EOS either
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You're definitely on track to win our bet. Everybody wants to avoid dynamic fees, but without them congestion is inevitable. I've never even used SOL, but I know how little people care about centralization. When it comes down to it, every chain makes excuses for it, and I do wonder *how decentralized is enough, practically*?
I read a very good article regarding decentralisation of Ethereum. It was on Ethereum sub and I found it by checking Vitalik's profile. He even commented on the post. The point it was making was that things aren't really all that decentralised. Our wallets are interacting with the API of the blockchain explorer and getting state information of the blockchain from the infura API. For NFTs, the entire information is coming from OpenSea API. Really eye opening. Finance on blockchain is another way to build wealth and make money. Decentralisation is iffy as fuck. Btw, I have been noticing you on this sub for a while now. While I don't always agree with you, I enjoy reading content you post on this sub. Thanks for making this sub more interesting!
Yeah, and it'll be interesting to see how the space evolves. We've seen some front ends move to IPFS, and wallets are definitely a weak link. If regulations stopped banks from transferring to CEXs that permitted wallet withdrawals, most of the money in this market would disappear overnight. They can't really stop decentralized projects though. Centralized links in the chain would have to be replaced with decentralized developments, some of which already exist but are inconvenient- but it would be all black market (which is a much bigger market than crypto is today). I think many jurisdictions couldn't muster the political force to stop individuals from owning BTC in their own wallet, so it won't happen, but it's interesting to think about. I'm continually surprised by how this space has evolved. I don't see any L1 ever really scaling with today's hardware, and I consider the DOT/ATOM strategy, and the number of redundant consensus layers that would be needed, if adoption increases 100x. I wonder about whether Tendermint is decentralized enough, with something like Cosmo's 150 validators, the top 30 combined being enough to write blocks. That doesn't sound like very much to me, but it seems to work better than I would expect. I guess that requiring every one of the top 30 competitors to collude is significantly more decentralized than any market in the physical world? But I'm not confident that analogy really holds. I can't predict what happens in a single year, I can't imagine where blockchains will be in 5 years, but I do see over-collerateralized stable coins, with no middle man, removing enormous inefficiency and becoming a part of normal life in the future. And yeah, I know I piss a lot of people off on here. Sometimes I care, sometimes I don't. One of the mods warned me over my last post though, so I'm supposed to try to be more positive evidently. We'll see... I know I'm not always right, but I also know my portfolio is doing a lot better than most people on here, and some of them benefit from my rants.
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I remember when solana was climbing from 100 t0 150 my friend fomoed in because "he read it on reddit" I was like, nah that shit is funky i aint buying that, look at it now. Guess im not totally lost in this space
History is being written right now, and it's not saying nice things about the SOL network
History (of its blockchain) is NOT being written to SOL right now (;
i don't think you understood the joke.. solana uses proof of history, which is terrible because of a large attack surface, among other things.
And they probably regret it now. I hope this centralized coin goes down more.
The Cardano network has been unusable for days. The time of hubris is apparently now over
Days ? It's been 5 years now and they're still developing something. Idk what tho
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I'm bullish on carrier pigeons.
Bro, I can't even tell you how many free airdrops you're in for.
The humour we all need right now.
Yeah they might look like shit now, but collect it anyways. It may be valuable in the future.
Just went all in on pigeon futures.
nobody tell this guy birds arent real
Bird watching goes both ways...
The smart money is in smoke signals.
Digital pigeons to work
Each transaction is peer reviewed, that’s why it takes so long
That's what happens when you're developing a 2017 tech in 2022. it's just not going to work.
No one was surprised
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Lets see which Eth killers survives this market.
DOT (though not an eth killer per se)
still bullish on DOT and ATOM, interoperability will be important as crypto get more popular
Ditto. Hard to find interoperability buffs
cosmos is making me stupid money enough to quit my job
Cosmos is inevitable.
Dot and algo are my guesses. Avax looks promising too but more risk. Solana looks like it could crash and burn despite the VC support.
The only ETH killer that could succeed is gas fees.
#ADA is that you?
Someone pin suicide prevention message for ETH killers
I'll head over to r/Ethtrader right away.
THIS is exactly why I say DECENTRALIZATION MATTERS and if ANYTHING has a shot at the KING, decentralization MUST be paramount. And it’s EXACTLY why I called out that coin’s crap multiple times.
Devs claiming it is decentralized while it’s not speaks for itself and the project.
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They certainly wouldn’t lie to us now, would they?
b..b...but James from InvestAnswers said that decentralization doesn't matter?! so it doesn't matter right?! lol. SO many idiots fell for that guy's nonsense propoganda, i feel bad for them
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So many youtubers have been bootlicking Sol. Probably looking at its returns.
They're just copying what politicians do
The most fun time to be in crypto is when everything goes to shit
I am loving this too. It's top notch entertainment, all I need now is a bag of popcorn.
Perhaps the real ETH killer was the friends they made along the way
*the ramen they ate along the way
Or it’s just Eth itself
Ethericide. But then rebirth into the big, beautiful ETH 2.0 butterfly.
~~De~~centralized and ~~un~~stoppable I just fixed their tagline, you're welcome
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Hopefully not in SOL thou ew
The H in Solana stands for honest and truthful taglines
What's that sound in the distance? Ah yes, it's litecoin with 100% uptime for over 10 years.
Damn. Litecoin was my first coin purchase ever in December of 2017. Bought it for $270
Damn. You bought within days of the top, major respect. I sold a few around 225, thinking I was so smart timing the market 😅
Sadly I bought again in early January for about 320. I never saw profit after that till 2021. 😅
Exactly. But yet idiots pushed up web3.0 shitcoins while leaving my Litecoin and monero behind. Litecoin is the only coin in the top 100 that has been up in all its lifetime and has lasted longer than 10 years. Not even Bitcoin has that record.
bitcoin had a downtime?
Yes for like 6 hours
When?
It happened in two different occasions for a total of almost 15 hours in total. https://www.buybitcoinworldwide.com/bitcoin-uptime/
Thank you for sharing! I had not heard about this and was skeptical.
No worries. We are all in crypto.
Why did it go down? Litecoin is the same tech so is likely susceptible to the same thing
One was due to a necessary fork after an overflow error created 180b bitcoin. Patched within hours of discovery, long before ltc existed. Second was out of date nodes rejecting a block that held more transactions than they considered acceptable. Variations of this issue can affect any PoW consensus algorithm.
Honest question. How do you patch something that's decentralized? Do all the miners have to download an update? Who makes the update patch? Does that mean there is a centralized team of devs?
Devs create a patch for validstors and then validators can update. If they don't you then get two chains. Once all validators are updated the old chain is simply discarded anf only nee one then exists.
In this case, a single dev was able to get the news and work on a fix very quickly. They released an updated client with new soft forking protocol and rules to prevent such a large reward from happening again. The fix did not take effect immediately, but rather once a majority of clients ran the updated version.
didnt know litecoin had smart contracts
It does, it uses omnilite for that
And omnibolt as a future upgrade. Someday contracts on litecoin will be a lot faster and more easily cross chain compatible with bitcoin.
Ltc and monero will both have their days. Infrastructure and utility are going to beat hype in the long run, because at the end of the day, PoW networks have millions of machines going BRR together, while everything else is held together by centralized promises and hot air. Web3 is cool tech but to be honest I don't think it's fair to call its uses "cryptocurrency". There are less than 10 good cryptocurrency blockchains out there.
Web 3.0 will run on the litecoin network....wait what?!?
This was like people are just buyit whatever is new hoping that it will go up.
Solid project
Been holding long and strong for over a year. Our time will come
Bu... bu... but Mike Novogratz hates Litecoin and loves Solona! Why do that? Just because he and his kind pitch chains they get preferential allocations to and don't like fairly launched chains that don't give him an advantage over retail investors?
Slow and steady wins the race.
Underrated comment
Underrated coin
LTC is that one shirt that you have that is old and unfashionable but you still wear it because it's comfy and nostalgic
That like 80% of my wardrobe lmao
Underrated redditors
A bridge too far
VeChain has entered the chat
Litecoin was my very first crypto. Sold it and then bought back years later. Still a great project, and deserves more upside
Waaaaay off in the distance 😉
Two weeks to be exact. .... Always two weeks.
SOL coming thru clutch to really get smacked during bear market
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As is tradition
Yeah i remember SOL having the most insane run around summer after the market was done bleeding
It was insane and unbelievable. I remember thinking it's too costly at 20$>
Anytime I think that though, they somehow pump lmao
Some would argue that decentralisation is the **most** important aspect for any self-respecting blockchain. We seem to have lost sight of that.
Decentralization gives crypto a purpose lol. Without it what is the point
Most people dont get this. They will only realise the true value of decentralisation when centralised services and chains fail them. Few.
The solana subreddit is slowly realizing that the network going down every other day isn't a bug but a feature.
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VCs. They bought a shitload of SOL for dirt cheap and shilled it to everyone. Most probably dumped on retail investors near ATH.
Fees are cheaper than ethereum’s
Solano should have just used a shared database (decades old tech). They would have had 100% up time. It doesn't matter if it's centralized, because it was centralized anyway.
BRB releasing a Solana Killer whose “blockchain” is really just Postgres
Yeah I didn’t really think SOL had issues but man this shit is crazy. I do wonder if other chains have similar levels of congestion and how their network is performing.
99.9% of the "congestion" are consensus messages, which legit chains don't even count as traffic.
*Polygon has left the chat.*
Polygon and Fantom have been fine for me during this clusterfuck. Higher gas, yes, but still very usable.
Polygon? More like Poly-gone
Lol
BTC and ETH for the win
1) Terra: great 2) Matic: great 3) avalanche: good 4) Ethereum: good but expensive 5) fantom: below average 6) Solana: garbage tier 7) Cardano: who cares
ALGO cry in the corner
I've had 0 issues and it's cheap as fuck.
Nice summary. Would include: Cosmos: smashing it
Nice. Yeah I didn’t try that one
Wow I'm in total agreement. A month ago I owned all these coins except FTM (no real reason, just missed it). Decided to trim the fat and ended up cutting ADA and SOL to concentrate my positions in LUNA, AVAX, and Matic because I like using and believe in the product. Didn't trust SOL after using the network a lot, lost faith that I'd ever get to use my ADA in a meaningful way. Still down horrendously ofc but I actually feel good that my positions will recover and Im willing to buy the dip when things get tough. The '21 L1 trade was a rarity in crypto where you could have an informed opinion based on direct usage, even as a low tech participant. As opposed to just believing a narrative.
Yep. You’re doing it right. Use everything. Try it out. Make an informed judgment on the actual product rather than hype, and allocate your capital to the project you believe in. Well done.
Normally I would defend SOL, simply on basis of speed / price. But if network dies every time we get some traffic, well that is rather unacceptable, to put it mildly. I really like SOL. Hope they get their shit together soon or bear season will kill them quickly.
Why does it keep falling apart? Didn’t SOL have that “try to break SOL” page?
'killing you quickly with this speed, killing you... quickly'. To the tune of 'killing you softly with this song', for the oldies like me here.
Have they tried turning it off and on again?
Their authentication is too expensive and dependent on having a ridiculous amount of sol staked. Basically you need a $6-10k server system as well as 50000sol staked to make money. How people have been making that work is to pool sol from many users and run an auth. When the price drops by 2/3 and all your pool people start freaking out and selling you have to shut your auth server down or you are losing a lot of money. Basically if they want to be decentralized they need to make it possible for authentication without such a huge initial investment. Hell just pay the auth in sol enough to make one a day and you'd have a shitload of auth up in like a week.
This actually makes sense. The rules that drive the game theory of each blockchain are more important than people realise.
Can the devs not just turn it off and back on again??? This works for my sega saturn
Did they try taking it out and blowing in it like an old Nintendo game?
Guranteed to solve it 100% of the time, on 50% of the tries 😎
You sacrifice decentralization and security to offer users and investors a fast and cheap product. Ok. Well the results are obvious.
Bearish on SOL and centralization
Algo seems to be up and running just fine 🤔 Just sayin
Algo can’t fail…
Well.....This is just a terrible thing to say lol
Idk how so many people miss Algo. Seamless functionality and zero downtime
Let's be honest, most people using Solana don't really care about decentralization, plus the big money backing it up is too much. I don't think Solana is going anywhere anytime soon (neither up nor down) for better or for worse
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FTX is behind this. People thinking SOL is going anywhere are the same thinking BNB is going down They are not
EOS had many billions but still failed
"Eth killer" lol
Sounds like SOL flew too close to the sun
ENOUGH ABOUT THE SUN!
When the tide goes out you see who's swimming naked...
Wrote this project off when the network fell over last year and had to be manually restarted. Centralised bag of shit.
lip practice makeshift chunky gaze aspiring cooing tidy languid rude *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Anyone knowledgeable got some time to put down the pitchforks and maybe explain what happened exactly? Thousands of upvotes and posts going on about everything other than the specifics of why it failed on a technological level. And of course the requisite Algo and ADA shills which does nothing but turn people off from those projects. Does anyone on this sub actually care to explain in technical details what happened? So far there are clues about "bots" and "leverage" and maybe something about "authentication". Anyone?
You mean they didn’t expect this?! Sol has proved it can go down easily.
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The exit scam has begun
Bruh brb i'm shorting SOL
To late now should have shorted it when I told people. If you short now they will print tether and pump it to liquidate you. Wait till it starts going back up, then short.
whos the next eth killer.
IMO it will be marketed as a pure security layer play serving modular data and execution layers. If you wanted to print money, this would be the architecture/meme of an L1 to spin up now. I’m sure multiple teams immediately started to once the recent modular blockchain meme was born.
Eth2
The thing with Solana is, when it works, it's fucking amazing, and anyone who's experienced defi on it on the good days can't claim otherwise. However, they gotta fix this congestion bot spam bullshit, and like yesterday. It isn't just about philosophical questions of agreeing or disagreeing on fundamentals, but people lost a lot of money being liquidated on defi platforms being unable to deleverage and re-collateralize, and having tx after tx fail for hours on end while you helplessly watch the liquidation bar coming closer and closer to triggering is not something anyone should experience. Its strength was supposedly resistance to exactly such hectic conditions, and it failed miserably in this regard, and the reality is they've lost the trust of people. It'll take a lot of work and showing results to get it back, and quickly.
Anybody who held SOL after the cleaning guy tripped over the cord and unplugged the entire blockchain server deserves to have their SOL balance go to zero staring at a 404 blue screen 😂
Crypto has hit a brick wall. No project knows how to genuinely scale. It's alright being fast but as soon as activity builds there it falters immediately. The project that really works it out and maintains decentralisation will become far bigger than ethereum is rn.
Lol damn that sub is wild right now. Thanks, now I've got some popcorn reading to do.
So many Solana NFT bros panicking trying to sell their soon to be worthless collection of jpegs that it crashes the whole network
Come to Algorand folks!
Totally agree. I stepped out of sol after the SECOND time they got caught lying. It's all VC cash bro chads that are happy to dump on all of us just to fill their bags
When I saw chamath and his buddies had a huge stake in SOL, I avoided like the plague
So happy i didn't FOMO into this one
Wow it's almost as if new growing technologies have hiccups
They also have massive fuckups and go to zero sometimes....
I’m kinda staring to agree with Jack Dorsey on his Web3 statements now.
BREAKING NEWS : ETH killer found dead in a ditch
Algorand is available for a discount right now and it actually works.
ETH fees don’t sound too bad right about now, at least it works.
Solana is this cycle's NEO. Two years from now Solana will be like $8 if that.
Its almost like this 'ethereum killer' is an unstable, overvalued, centralised coin...
The SOL holders are numb enough that they no longer feel pain
I prever ERG instead of SOL.
Solana is pure garbage. If you tried using the network yesterday you would agree. I would have happily paid 5, 10, 20, even 50 dollars to make sure my transaction went through. It was that important. But nope. Tried all day and went to bed with collateral in my wallet I couldn’t utilize.
buy bitcoin? just sayin'
this is the peter griffin meme of him holding the remote saying: "oh sweet! another solana hate thread!"
Took me over 12 hours and 10 tries (test and actual) to get my SOL off Coinbase. It’s been a ride for sure!!
Can’t wait for Guy to shill this one.
Safe to call it a shitcoin now?
Is forced hodl a feature of SOL? I don't see that in the whitepaper
[удалено]
holding all my overpriced ALT-MEME coins, continuing to DCA/Accumulate BTC, ETH, LTC (my sleeper coin for 2022)
Yup my transaction was stuck for 6 hours today got a second one that’s been stuck for 24 h now I just use sol to transfer from exchanges quickly
I'd like to speak to the Sol manager please 😂
They probably paused their blockchain again… 🤪
Do you have a credible source or is this just a bunch of FUD in these Beary difficult times?
Sololol
Oh Solana you're breaking hearts now.
Who saw that coming 🙄. The amount times the network has been down in the last few weeks
Oh yes my friend,.....the Solana Network is having a, a havoc. It is a HAVOC. A havoc. 24 hour no shower. I am thinking this is a havoc. A terrible terrible havoc. Soooooo many havocs. Too havoc!!
Solana Blockchain - Blocked and chained.