4 ms·

I also know that Solana had frequent outages and issues where they could resolve their transaction sequence, because their hardware and connectivity requirement

I also know that Solana had frequent outages and issues where they could resolve their transaction sequence, because their hardware and connectivity requirements make it prohibitive for "casual enthusiasts" to run a node. And if "initial investors are also contributors", then you are just parroting the "Ethereum is pre-mined" from Bitcoiners, and we can safely end the discussion here.

wslh 3y ago
Again you are not following the argument, you cherry picked Solana, Algorand didn't have any issue. Follow logical argumentation please...
- rglullis 3y ago
  I didn't mention Algorand because its overall network is a blip compared with Ethereum and Solana in any metric, and it can barely be considered as Battle-Tester in a "real world" scenario.
  - wslh 3y ago
    Do you have a paper for that?
    - rglullis 3y ago
      TVL for Algorand, 111M USD: https://defillama.com/chain/Algorand https://defillama.com/chain/Algorand TVL for Ethereum, 53B USD: https://defillama.com/chain/Ethereum https://defillama.com/chain/Ethereum If doing DeFI on Algorand is so much better/cheaper than on Ethereum, then why is it only 1/500th of Ethereum's size? Mind you, it seems that this calculation is not attributing "bridged" TVL as related to the chain size and activity. If it were, there are 330 Billion USD that depend on Ethereum's base layer security.