A couple of years ago, wasn't it the case that the Solana blockhain was becoming too large for validators to store, and so Arweave was brought in as decentralised storage to remove the need for validators to have the full copy? I think I heard that that partnership ended, but didn't understand what a new solution would be. Here Anatoly is saying that validators do keep an entire copy, so what is the size of the blockchain now, and how will validators be able to keep a copy of a chain when the tps increases to tens or hundreds of thousands?
@@wonklabs634 Are there decentralisation issues involved in how these two aspects relate to each other? I don't see anyone talk about this, and perhaps it's technical to a degree that's hard to explain to a non-programmer?
Solana will do VERY well in the future.... well... unnless, folk start noticing the tech of ICP. ICP is a beast and doesn't need AWS. Fortunately for Sol the money doesn't always go to the BEST tech.😂
i would never spend any significant funds to buy an NFT on a chain that can be turned off. If you want a real decentralized trading card game go check out BlitzTCG on Ergo. The only point of owning digital assets is if its safe and secure and will survive long term. Block times dont matter if the game runs on a layer 2 or you only need to verify at the start that you own the assets in your wallet to then comence the game.
I challenge any SOL hater to actually use the Solana blockchain....and then after you realize how fast and cheap it is, hopefully the lightbulb will come on. AWS, Visa, Circle, and Shopify all chose Solana....so did I.
Yup, exactly! I remember my first time using Ethereum and even though it felt great, it was also utterly confusing and there was so much friction overall. Solana is miles ahead of Ethereum, when it comes to user friendliness for the masses. I still love Ethereum of course :) but Solana is the way
I don’t think any genuine criticism for Solana comes from how slow the blockchain is to use or how bad the technology is. The criticism is about how centralized it is, how often the entire blockchain can shutdown, how it can almost fall apart if one big VC goes bankrupt, etc.
@@privacyowlnot invalid points from you, but they are thriving despite their close association with FTX and Sam Bankman Fraud, so this speaks for Solana in my opinion and I’m convinced that they would survive any of their VC investors collapsing. The centralization criticism is something that only matters for crypto diehards, but it’s irrelevant for the broad masses and Solana is focusing heavily on enabling and launching consumer products, so I personally see their slightly more centralized architecture as a perk more that anything, because it helps them to get these amazing TPS numbers. The broad masses don’t care about centralization, in fact they don’t even know what it means. Consumers care about frictionless UX, transaction cost and speed, and Solana excels in these compared to other chains. The fact that they have 100% uptime this year also shows that they are able to fix things when they are broken. For consumer-facing products, Solana is the best option at the moment, but that’s just my personal opinion.
Can we all just acknowledge that ETH is kind of garbage…lipstick on a pig a bandaid on a fatal wound. All of ETHs innovation in recent years has been about the migration to POS and just getting to the baseline where all the other layer 1s POS started. The UX and fees on ETH are pathetic and layer 2’s is a clunky cumbersome solution. I own a bunch of ETH but it’s absolutely unusable. At some point developers are going to say “fuck this” and leave just like DYDX to Cosmos. I don’t care about “first mover advantage” bc everyone knows it sucks haha. I’m not fully on board with SOL as my only other layer 1 but it’s def getting my attention as is Cosmos/Atom.
sol is not decentralised, without that u will never be credible neutral and censor ship resistent so it is literally the same as building tradfi apps. Sol ppl miss the whole point of crypto cause most of em just got here in 2019 and couldn't even understand the TVL and revenue and upholding problem sol faces with growing state and low fees. tech autocrats with a one state solution chain backed by in-q-tel since 2016 no ty, wake up folks. If its not decentralised, its just a short term compromise for greedy ppl to attract short term solution seekers to extract value from. Just like the pos of sol is simply wealth transfer from non stakers to stakers since there is no burn. L2 is easy af and instant through multiple protocols and has more tvl then sol lmaoooo
Sol ppl miss the whole point of crypto cause most of em just got here in 2019 and couldn't even understand the TVL and revenue and upholding problem sol faces with growing state and low fees. tech autocrats with a one state solution chain backed by in-q-tel since 2016 no ty, wake up folks. If its not decentralised, its just a short term compromise for greedy ppl to attract short term solution seekers to extract value from. Just like the pos of sol is simply wealth transfer from non stakers to stakers since there is no burn.
its centralised cause this mfer got not close to as many validators and most are centralised havens and sol as person is easier to force from legal standpoint and could never withstand the pressure of governments, Its ok to say that. Sol can still flourish as gaming chain. But not as ownership base layer.
Dude that line of we haven’t needed scalability since Solana… like bro, your network crashed several times and if a now 7 time convicted fraudster didn’t keep you alive Solana would be gone
Did you know Ethereum WAS HACKED!!! It was not a SBF dude manipulating the price. Like Ethereum was LITERALLY HACKED... its how they had to start over.. FORK Ethereum to a mew design and low and behold, its how we got Ethereum classic. You must be new around here... but so some research. Go and learn about "the hack that nearly killed Ethereum"... and its funny because after all of that. Now the narrative wirh ETH is that its sooooo secure right?? WhT about that hack?? Like i mean dude, if your design gor hacked, like would you be confident in that system? But... because Ethereum is stabilized and its been around for almost 10 years, people LIKE YOU... come into the space, not knowing what the hell you're talking about. Its why Solana is adding clients.. Solana been up and running for 8+ months. Want to know why ethereum doesnt crash? In 10 years they have implemented 4 validator clients. Solana is barely going to add a second one. So... what im saying is... do your research and dont speak on things you have no idea about.
also consumers don’t care about decentralization. They care about cost, speed and network robustness. I’m not saying that decentralization doesn’t matter, but consumers don’t care about it. Solana is definitely decentralized enough.
Define decentralization. Solana is good in many of the metrics used for decentralization. And in others it’s improving. It’s actually probably the second PoS most decentralized. But of course, it depends how you define it. For example, for me bitcoin isn’t well decentralized when 4 mining pools, controlled by 3 companies, two of them Chinese, have more than 50% of the hash rate. And yes, this is a vulnerability. There are several academic papers about this particular topic
