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One of the justifications for the original proposal was that liquidators might take solana down by spamming TX. The solana transaction model relies if users to
by vgatherps 4y ago
One of the justifications for the original proposal was that liquidators might take solana down by spamming TX. The solana transaction model relies if users to blast udp packet more/less, and so a spammer will just blast packets at line rate to validators since there’s no cost to do so.
Imo this event is comparable upside to many of the previously spammed events (idos, nft mints) so if solana still can’t handle this liquidation that’s really unfortunate.
What’s shocking about he vote is there are many in between a - they could have voted to give an otc desk special permissions to liquidate first for example (and maybe that’s what they meant)? It doesn’t liquidate the whale early and it doesn’t give their team ability to take over an account, and it solves the solana spam problem.
- lima 4y agoOr they could've asked an OTC desk or market maker to provide sufficient liquidity... "We might break Solana" sounds like a bad excuse, plenty of options to mitigate that. Might not even be a concern anymore.