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This is such a bunch of baloney. In its current form, Solana is just as centralised as BSC. The top 12 validators have the cumulative power to halt the network. The decentralization buck pretty much stops with btc and eth. It's futile pretending otherwise.https://twitter.com/RyanWatkins_/status/1381421864472436740 …
There's a reason Solanas top backer is busy putting $1.6b worth of funds to use on BSC. It's where all the yield is.
@IDrawCharts thoughts?
as far as centralization, yeah, accurate but the top 3 mining pools control 51% of bitcoin, the top 3 eth mining pools control 51% of ethereum so it's a kinda shitty argument. And yeah, there's a million more farms on BSC rn, so it makes sense to put a lot more capital there
Glad someone smarter than me agrees
who is it?
If they put that $1.6b in Solana, that will kill the Raydium yield and render it less attractive. That's why they don't.
When do we buy sushi 
mate
1) what matters is the vector of this figure over time, not the current spot number 2) Bitcoin and ethereum mining pools thresholds are a lot lower than 12 3) the same argument that applies to mining pools being Comprised of many small miners applies to Solana validators
Ser do we have statistics on what % of validators have either a) received funds from Solana Foundation, or b) are part of the Solana Foundation delegation program? In other words, what % of validators are truly independnet of the Solana Foundation?
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