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True for ETH; not necessarily for faster chains.

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The future of Dexes lies solely in Layer2. Layer1 Dexes are either too uneconomical or too centralized.

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Still waiting to see a scalable layer1 blockchain that is not tending towards centralization.

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Is Solana tending towards centralization?

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Isn't it a federation, and therefore centralised by design?

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What do you mean by federation?

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The global validators

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Solana validators are no more centralized than ETH miners: solanabeach.io/#/validators etherchain.org/charts/topMine

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Many ETH miners are pools making it less concentrated than numbers suggest. Still, concentration in mining power has always been a concern.

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True but many Solana validators have others delegating to them which is pretty similar

7:29 AM · Aug 17, 2020Twitter Web App

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And if your argument bottoms out in "yeah ETH should also be disqualified for its centralization" then I think it's worth making this explicit and arguing only for chains that meet your metric.

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Good to know. Happy to see Solana and "your" Dex in action and compare it to layer2 solutions on ETH and (hopefully soon) BTC.

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