Slow and expensive blockchain transactions are just frustrating. addresses challenge this by giving us layer 1 scalability with the capacity to transact 50,000 transactions per second (TPS). Learn more about it here:
asiacryptotoday.com/solana-sol-gui
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everyone can be a validator with enough staked SOL . I am not totally sure if there is a cap. but I won't be surprised given the high performance of SOLANA.
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Is KYC a must to become a validator and who decides? Will this always be the case? Lastly, is there a cap on validator participants?
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Nope, no KYC needed. Anyone can become one. No cap.
Yea. No cap, no minimums, no kyc. What’s the catch? Validator votes are transactions like any other smart contract and pay fees. More compute => more tps => more capacity => more decentralization
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