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RE: Network 'restart' highlights that Solana is not decentralised

in LeoFinance3 years ago

Cryptocurrency was created to make a decentralized system.
I think centralizing a cryptocurrency Kills the purpose for that currency.
Just like we moved from steem to hive, there are many consequences for a centralized currency.
I have seen the price of Solana and it is doing good as 14% up.
Btw thanks for the valuable information.

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You're right, the SOL price is recovering.

I guess right now the market doesn't care as much about Solana's centralisation as we do.

I say right now because I do think that in the long term, the truly decentralised networks with extremely distributed tokens are going to be the most successful.

While Solana is doing well now, it certainly doesn't fit the profile I'm looking for.

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