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Joined 1 year ago
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Cake day: November 18th, 2023

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  • Solana definitely has the best developer experience and that’s huge as far as pushing adoption. This factor alone could push it to the top.

    I don’t believe it’s the best cryptocurrency though. It has 3 big problems:

    1. not private/fungible
    2. weak decentralization - being a validator is too hard and there are few.
    3. high inflation & premine which funds solana investors & solana dev team

    2 big positive though:

    1. extremely cheap and quick transactions. However, given the claims of centralization, some argue that it should be competing with centralized systems instead of other decentralized cryptocurrencies. Compared to a centralized system, SOL isn’t fast.
    2. Extremely good 3rd party dev support. Things like Solana pay massively improve lower the bar for acceptance.