What decentralized cryptocurrency could actually be adopted by El Salvador, today, without being crushed under a tx/sec bottleneck if lots of citizens tried to use it? My meager knowledge says "maybe Solana?? or perhaps nothing irl" but I'd be interested in more technical takes.
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1) Solana could, as could a few others.
El Salvador has ~6m people. If the average person has ~10 payment transactions per day, that makes ~60m/day, which is about 600/sec. Solana is currently handling about 2,500 TPS (solanabeach.io) so it should be fine.
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Is there a version of wrapped bitcoin on Solana? I could imagine SOL being bitcoins L2
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yup! You can deposit/withdraw from FTX/FTX US/sollet/etc.
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I was an idiot for not buying Solana before. Will start spending some time looking into the ecosystem tomorrow.
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