3 ms·
This is part of why Solana has been making such inroads the past couple of cycles. Shopify and others are now using SolanaPay to do USDC transactions and they
by AlchemistCamp 3y ago
This is part of why Solana has been making such inroads the past couple of cycles.
Shopify and others are now using SolanaPay to do USDC transactions and they settle in under a second for under a cent. It takes a very beefy server to run a Solana validator, though, so many worry that it’s insufficiently decentralized.
I suspect that in the longer run, most of the value will be stored on Ethereum and compatible chains while most transactions will be done on Solana and newer chains.
- jhobag 3y agopayments is a meme for every bagholder coping about their cheap blockspace chain. literally every cycle cheap l1's come up eth mainnet is lindy as the most secure settlement/data availability layer, other layers for execution settling back to mainnet or other da layers potentially solve settlement fee/l1 data writing rent issues
- hanniabu 3y agoEthereum L2s are just as fast and in a few months will be just as cheap.