Something I’m a little concerned about given the recent interactions I’ve had with the BSC and SOL communities is that they seem to be genuinely gaining organic traction. Much more so than say EOS or Tron last cycle. I have some thoughts about this…
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you said in your thread that solana have hidden their trade offs. Can you please elaborate? Where is their centralisation? Or what tradeoff is made?
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you won’t find elaboration on this point. nothing is being hidden.
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The trade off that Solana knowingly makes is that it doesn’t think normal users like you and I should be validators. Solana’s ideology is that it achieves decentralization by spreading validators to thousands of “data centers” globally. That’s how it can scale
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Is this an issue with your local ISP? I can run a validator at my residence.
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I mean just check these out. You run a machine that satisfies these? docs.solana.com/running-valida
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Yes, these requirements cost 1/3 as much money to meet as the mac I got so I could open more than 5 Google Chrome tabs without paging out. Nothing about these requirements except the internet connection is specific to datacenters.
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Can we compare to how many GPUs one would have to buy to secure 1/1000 of the Ethereum mainnet?
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ya I think the answer here is somewhere between "1,000 datacenters" and "everyone in the world" for Solana -- something like 5% of the world could run a validator, which could include hundreds of millions of people if crypto gets huge.
Doubt it will ever get that large. The ultimate truth is that most people aren’t even interested in running non-validating Bitcoin nodes. As long as you can do like ~100k validators down the line with enough geographical distribution, that’s really all you need.
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also to be fair there are >8 million data centers out there
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Wasn’t the solana chain rejecting transactions for a pretty large portion of the day ?
Hi guy
Sometime we want to buy spot during bear time so can you list all spot pair? tks
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