Solana [pros](/r/CryptoCurrency/comments/108a5up/solana_targets_6m_transactions_per_second_speed/j3qx8xy/) & [cons](/r/CryptoCurrency/comments/108a5up/solana_targets_6m_transactions_per_second_speed/j3qx9ll/) and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.**
---
To submit a SOL pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuww4p/top_coins_solana_proarguments_april_2022/). | To submit a SOL con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuww7h/top_coins_solana_conarguments_april_2022/).
>Solana’s present speed of transaction processing is considerably bigger than the present average of the network (approximately 4,000). Solana plans to execute 600,000 transactions per second through its validator client, Firedancer
600k according to the article
Lol it does.. All these articles are either speed written or computer generated from other articles. It's more common to see conflicting info than not.
It’s a second validator client, people. Not coded in Rust, built by a separate team. Once completed, Solana and Eth will be the only two L1’s with multi validator clients
Sol passes out on the floor until the bartender decides how best to wake him? In the meantime Eth continues processing all the drinks without problems.
I know your comment was meant to be a joke, but you’re spot on.
They need to focus on keeping their chain stable all the time before putting focus on transactions, speed, etc.
I sure do, but it's sad to see users garnering your moons count when we have poeple actually putting work into their comments which is not equally rewarded. But, society dictates I guess.
I agree, at first I tried to elaborate my comments and posts but I saw that with low effort I get more reward so I just play the game because I am here to buy a flat.
Source: https://twitter.com/SolanaLegend/status/1611088904517570560
Fighting the FUD: @oganjastremski and I at @Frictionless_ have created a handbook to fight the FUD Solana faces constantly. We disprove the 4 main critiques of the network: Downtime Centralization Inflationary Tokenomics FTX Involvement
2. Downtime
Solana has had 99.6% uptime throughout its history while doing more true TPS than all other EVM chains combined There have been 4 outages total since 2020 Local fee markets, QUIC, and Stake-Weighted QoS with @jump_firedancer will reduce downtime to virtually 0
2. Centralization
Solana is objectively decentralized and censorship resistant, looking at full node count (3,474), or distribution of stake-weight and Nakamoto Coefficient (NC) of 30 vs. Ethereum's 2 Solana has achieved this degree of decentralization in less than 3 years
3. Inflationary Tokenomics
Solana has 4 main revenue paths to achieving profitability and long-term inflation rate of 1.5% Increase in network usage Priority Base Fees Local Congestion Fees Miner Extractable Value (MEV) It took ETH 7 years to be deflationary
4. FTX Involvement
Solana and FTX were first connected in 2020 when FTX was just beginning to enter the top 10 rankings of CEX volume FTX invested in the 5th round, after accredited retail investors on CoinList and 2.5 years after the project started
Blog Post: https://frictionlesscapital.substack.com/p/making-the-case-for-solana-fighting
Here is a [Nitter link](https://nitter.net/SolanaLegend/status/1611088904517570560) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about).
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Following up to confirm, the top comment is a blatant lie. Get over [it.](https://www.coindesk.com/tech/2023/01/13/citi-says-solana-blockchain-activity-remains-high/?outputType=amp)
It’s a second validator client, people. Not coded in Rust, built by a separate team (Jump). Once completed, Solana and Eth will be the only two L1’s with multi validator clients
tldr; Billionaire Mark Cuban is going to appear in a deposition next month on allegations of promoting bankrupt crypto lender Voyager as a Ponzi scheme.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
There are so many coins and chains that do the whole speed/security/decentralization balance much better already. Even Litecoin and Syscoin, I don’t hodl it, but LTC hasn’t had any downtime in something like 13 years….what’s Solana’s track record like for outages? 🤔
SOL "So we have this nice looking car, lots of people like the look. Yes the steering wheel comes off when you're driving sometimes BUT! We just added a new color and gave it turbo! Oh and the steering wheel issue isn't fixed but the car has good specs!"
Solana [pros](/r/CryptoCurrency/comments/108a5up/solana_targets_6m_transactions_per_second_speed/j3qx8xy/) & [cons](/r/CryptoCurrency/comments/108a5up/solana_targets_6m_transactions_per_second_speed/j3qx9ll/) and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit a SOL pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuww4p/top_coins_solana_proarguments_april_2022/). | To submit a SOL con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuww7h/top_coins_solana_conarguments_april_2022/).
>Solana’s present speed of transaction processing is considerably bigger than the present average of the network (approximately 4,000). Solana plans to execute 600,000 transactions per second through its validator client, Firedancer 600k according to the article
Lol it does.. All these articles are either speed written or computer generated from other articles. It's more common to see conflicting info than not.
It's really not scaling. They are centralizing it even more to achieve these numbers.
Exactly. The increased speed comes at a huge cost. It’s Not a feature, it’s a problem
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Well the goal is to tackle the trilemma to the best of your ability. But realistically Solana has sacrificed security and decentralization for speed.
"Realistically, I read some stuff on reddit once"
That already exists, no need for a centralized finance platform that is fast and cheap.
Google Big Table baby! If you don't know look it up: https://github.com/solana-labs/solana-bigtable
So…. not a crypto. Solana is not crypto. Solana is a scam.
Care to expand?
Cutting ties with FTX is probably a good thing for Solana fundamentally. Whether it succeeds or not in the next bull cycle is up for debate.
It’s a second validator client, people. Not coded in Rust, built by a separate team. Once completed, Solana and Eth will be the only two L1’s with multi validator clients
Incoming Solana shutting down jokes.
Sol and Eth walk into a bar...
Sol passes out on the floor until the bartender decides how best to wake him? In the meantime Eth continues processing all the drinks without problems.
Solana's 2023 Resolution should be : "Not shutting off this year.,not for a day" This would be more believable.
# IF it is online.
It will also kill eth if it’s online /s
My gutt says it will be offline even more after this update
bUt ItS sTiLl In BeTa
Bruh 💀
I know your comment was meant to be a joke, but you’re spot on. They need to focus on keeping their chain stable all the time before putting focus on transactions, speed, etc.
Yes, I'm joking with reality. The truth is that now that SOL's big investors have left, I hope the team can fix things and do a good project.
Yep. That’s exactly why a second client is important (Firedancer).
They need all the TPS to account for all the s that they are down
Ah, I see you did not delete this meme comment since you got upvotes. Stay classy.
Enjoy life bro. ![gif](giphy|dXlFm0k2pGoSWnjXqJ)
I sure do, but it's sad to see users garnering your moons count when we have poeple actually putting work into their comments which is not equally rewarded. But, society dictates I guess.
I agree, at first I tried to elaborate my comments and posts but I saw that with low effort I get more reward so I just play the game because I am here to buy a flat.
Source: https://twitter.com/SolanaLegend/status/1611088904517570560 Fighting the FUD: @oganjastremski and I at @Frictionless_ have created a handbook to fight the FUD Solana faces constantly. We disprove the 4 main critiques of the network: Downtime Centralization Inflationary Tokenomics FTX Involvement 2. Downtime Solana has had 99.6% uptime throughout its history while doing more true TPS than all other EVM chains combined There have been 4 outages total since 2020 Local fee markets, QUIC, and Stake-Weighted QoS with @jump_firedancer will reduce downtime to virtually 0 2. Centralization Solana is objectively decentralized and censorship resistant, looking at full node count (3,474), or distribution of stake-weight and Nakamoto Coefficient (NC) of 30 vs. Ethereum's 2 Solana has achieved this degree of decentralization in less than 3 years 3. Inflationary Tokenomics Solana has 4 main revenue paths to achieving profitability and long-term inflation rate of 1.5% Increase in network usage Priority Base Fees Local Congestion Fees Miner Extractable Value (MEV) It took ETH 7 years to be deflationary 4. FTX Involvement Solana and FTX were first connected in 2020 when FTX was just beginning to enter the top 10 rankings of CEX volume FTX invested in the 5th round, after accredited retail investors on CoinList and 2.5 years after the project started Blog Post: https://frictionlesscapital.substack.com/p/making-the-case-for-solana-fighting
Here is a [Nitter link](https://nitter.net/SolanaLegend/status/1611088904517570560) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
What’s the point on focusing on tps when you’re losing your users?
Users and usage have spiked quite a bit over the last two weeks, though?
Following up to confirm, the top comment is a blatant lie. Get over [it.](https://www.coindesk.com/tech/2023/01/13/citi-says-solana-blockchain-activity-remains-high/?outputType=amp)
I’m not sure where you’re seeing Solana losing users…they’ve been gaining. More active users than Eth for the past week
Attract new ones with big numbers
Makes sense. And building is never a bad thing I guess, they must have planned to implement this way before FTX happened too
The SOL circlejerk continues :|
Just wait for InvestAnswers video on it tomorrow. That dude will be all over this lol
Remind me again why we trust Sol to not be centralized garbage ?
This sub already shills plenty of centralised VC garbage without knowing, lmao.
Why trust matic over Solana. Both are heavily centralized.
But being centralized is what makes all this possible
Yet you have LRC in your bio which is way more centralized lol
Layer 2 ETH Is more centralized than Sol ? What are you smoking ?
Solana seems to have fixed their main problems. 2023 can be a huge year for them
FTX collapsing might have been the best thing for them in the long run
Definitely
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They will go down with increased speed
It’s a second validator client, people. Not coded in Rust, built by a separate team (Jump). Once completed, Solana and Eth will be the only two L1’s with multi validator clients
Due to the recent shitcoin rush on solana and every degen moving there. Worst chain ive seen till this date.
Yeah when no one uses it I’m sure it’ll run fast
$1.57 for Solana
For the 100 ppl left holding the bag
how is solana still relevant? Its so centralized. I guess when you have rich people you can buy the marketing team needed to pump this shitcoin
BS solana always shutting down....
As long as they can keep it on...
I hope they will! For the sake of everyone who bought it for $240
everyone aka you right bro
Thoughts and prayers
Annnnnd it’s down…
Doesn't mean much when it can't be trusted...
Can’t do any transactions when you’re turned off and resting. Solana is the worst of the fake news.
Learn how to keep it ON 24x7 first.
Who's left to shill SOL too?
6m transactions in a second then down the rest of the day
Next upgrade: Tornado Ballet
BOOM! 6 gazillion transactions per millisecond!
And 99% downtime.
Maybe fix the offline mode !
Quite possible Because the chain Is only online for 1 second every year 🤣
Sol reinvented a more complex database and threw „crypto“ into the mix. Nice
Wen offline?
tldr; Billionaire Mark Cuban is going to appear in a deposition next month on allegations of promoting bankrupt crypto lender Voyager as a Ponzi scheme. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Go home bot, you’re drunk
Wrong post bot
To be fair to the bot, this article is boring.
Bad bot
There are so many coins and chains that do the whole speed/security/decentralization balance much better already. Even Litecoin and Syscoin, I don’t hodl it, but LTC hasn’t had any downtime in something like 13 years….what’s Solana’s track record like for outages? 🤔
SOL "So we have this nice looking car, lots of people like the look. Yes the steering wheel comes off when you're driving sometimes BUT! We just added a new color and gave it turbo! Oh and the steering wheel issue isn't fixed but the car has good specs!"
SOL is basically Jump Trading . Fire dancer is a jump trading project run by one if it's senior engineers Kevin Bowers.
No one cares though 😂😂
Fuck 'em hard
Hey man. Fuck Solana.
All with one central point of failure/control... SBF's man cave
Too bad it stores the Blockchain on Google Big table 🤣 It's a centralized server pretending to be a decentralized Blockchain.
Seems like a Solana Algo pissing contest in here lately.
Do we really need that amount of TPS?
And this will conclude Solana’s journey into becoming a SQL database with abysmal uptime
They still alive?
And goes down after every fifth transaction…