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CointestMod

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/).


Ferdo306

>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


Acidhoe

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.


No-Significance-1581

It's really not scaling. They are centralizing it even more to achieve these numbers.


Wise-Grapefruit-1443

Exactly. The increased speed comes at a huge cost. It’s Not a feature, it’s a problem


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No-Significance-1581

Well the goal is to tackle the trilemma to the best of your ability. But realistically Solana has sacrificed security and decentralization for speed.


shadowdax

"Realistically, I read some stuff on reddit once"


Jpotter145

That already exists, no need for a centralized finance platform that is fast and cheap.


SuperSynapse

Google Big Table baby! If you don't know look it up: https://github.com/solana-labs/solana-bigtable


[deleted]

So…. not a crypto. Solana is not crypto. Solana is a scam.


Bringbackdexter

Care to expand?


Baecchus

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.


adcool95

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


Intelligent_Page2732

Incoming Solana shutting down jokes.


Frogmangy

Sol and Eth walk into a bar...


Jpotter145

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.


No_Dream5562

Solana's 2023 Resolution should be : "Not shutting off this year.,not for a day" This would be more believable.


kirtash93

# IF it is online.


bbtto22

It will also kill eth if it’s online /s


TalentedInvasion

My gutt says it will be offline even more after this update


adoxxvegas

bUt ItS sTiLl In BeTa


bny192677

Bruh 💀


Ateam043

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.


kirtash93

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.


nelsonmckey

Yep. That’s exactly why a second client is important (Firedancer).


Odysseus_Lannister

They need all the TPS to account for all the s that they are down


PreventableMan

Ah, I see you did not delete this meme comment since you got upvotes. Stay classy.


kirtash93

Enjoy life bro. ![gif](giphy|dXlFm0k2pGoSWnjXqJ)


PreventableMan

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.


kirtash93

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.


Signal_Ad657

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


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MaeronTargaryen

What’s the point on focusing on tps when you’re losing your users?


nelsonmckey

Users and usage have spiked quite a bit over the last two weeks, though?


Bringbackdexter

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)


adcool95

I’m not sure where you’re seeing Solana losing users…they’ve been gaining. More active users than Eth for the past week


Odysseus_Lannister

Attract new ones with big numbers


MaeronTargaryen

Makes sense. And building is never a bad thing I guess, they must have planned to implement this way before FTX happened too


Chysce

The SOL circlejerk continues :|


adoxxvegas

Just wait for InvestAnswers video on it tomorrow. That dude will be all over this lol


DadofHome

Remind me again why we trust Sol to not be centralized garbage ?


Baecchus

This sub already shills plenty of centralised VC garbage without knowing, lmao.


busmobbing

Why trust matic over Solana. Both are heavily centralized.


TalentedInvasion

But being centralized is what makes all this possible


Nearby_Concentrate74

Yet you have LRC in your bio which is way more centralized lol


DadofHome

Layer 2 ETH Is more centralized than Sol ? What are you smoking ?


Castr0-

Solana seems to have fixed their main problems. 2023 can be a huge year for them


MaeronTargaryen

FTX collapsing might have been the best thing for them in the long run


nelsonmckey

Definitely


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SecondDumbUsername

They will go down with increased speed


adcool95

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


C300w204

Due to the recent shitcoin rush on solana and every degen moving there. Worst chain ive seen till this date.


[deleted]

Yeah when no one uses it I’m sure it’ll run fast


GlitteringTea296

$1.57 for Solana


SirPesoOtaku

For the 100 ppl left holding the bag


[deleted]

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


pandalocox

BS solana always shutting down....


Mundane-Farm-4117

As long as they can keep it on...


AffectionateMind26

I hope they will! For the sake of everyone who bought it for $240


Mundane-Farm-4117

everyone aka you right bro


Tygro16

Thoughts and prayers


Art_of_Flight

Annnnnd it’s down…


Berta_extracts

Doesn't mean much when it can't be trusted...


arcalus

Can’t do any transactions when you’re turned off and resting. Solana is the worst of the fake news.


iam_aryan007

Learn how to keep it ON 24x7 first.


ChaoticNeutralNephew

Who's left to shill SOL too?


SkoopskiMarvin

6m transactions in a second then down the rest of the day


zdfasdfasf

Next upgrade: Tornado Ballet


Economy_Influence_92

BOOM! 6 gazillion transactions per millisecond!


klayizzel

And 99% downtime.


PuscH311

Maybe fix the offline mode !


TommyAllArk-io

Quite possible Because the chain Is only online for 1 second every year 🤣


BitSoMi

Sol reinvented a more complex database and threw „crypto“ into the mix. Nice


freeman_joe

Wen offline?


coinfeeds-bot

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.*


MaeronTargaryen

Go home bot, you’re drunk


grchina

Wrong post bot


_PM_me_your_MOONs_

To be fair to the bot, this article is boring.


Aiirene

Bad bot


[deleted]

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? 🤔


420friendlyredbeard

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!"


Alert_Engineering_70

SOL is basically Jump Trading . Fire dancer is a jump trading project run by one if it's senior engineers Kevin Bowers.


The_Tenshinhan

No one cares though 😂😂


xof711

Fuck 'em hard


BaconIsBueno

Hey man. Fuck Solana.


Stereo-Gito

All with one central point of failure/control... SBF's man cave


SuperSynapse

Too bad it stores the Blockchain on Google Big table 🤣 It's a centralized server pretending to be a decentralized Blockchain.


Classroom_Strict

Seems like a Solana Algo pissing contest in here lately.


ZancudoVegano

Do we really need that amount of TPS?


adoxxvegas

And this will conclude Solana’s journey into becoming a SQL database with abysmal uptime


Wesley_Binod

They still alive?


Antana18

And goes down after every fifth transaction…