FTX collapse made me buy a lot of solana. The very nature of FTX collapsing and solanas falling into the hands of retail makes solana one of the most decentralised cryptos there is.
Top 100 wallets control 30% of solana supply compared to 50% + of eth supply.
If you are for decentralisation Solana is the better choice.
Solana separates it’s validating nodes from storage of the blockchain, due to the throughput and speed, it uses massive amounts of data and storage.
Who stores that data?
And who will be able to store it when the chain it’s several petabytes large?
It not “centralised” but it will Trend towards centralisation due to the law of economy of scale where you have a few big players storing a few copies of the blockchain, and not the 3000 validators…this means the history is whatever they want it to be.
Because Solana is centralised.
What makes it centralised in your opinion?
It has a great nakamoto score and over 3k nodes spread around the globe. Pretty decent I reckon.
FTX collapse made me buy a lot of solana. The very nature of FTX collapsing and solanas falling into the hands of retail makes solana one of the most decentralised cryptos there is.
Top 100 wallets control 30% of solana supply compared to 50% + of eth supply.
If you are for decentralisation Solana is the better choice.
Solana separates it’s validating nodes from storage of the blockchain, due to the throughput and speed, it uses massive amounts of data and storage.
Who stores that data?
And who will be able to store it when the chain it’s several petabytes large?
It not “centralised” but it will Trend towards centralisation due to the law of economy of scale where you have a few big players storing a few copies of the blockchain, and not the 3000 validators…this means the history is whatever they want it to be.