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

in LeoFinance3 years ago

Do you see the Solana network becoming more decentralised over time?

Is there at least the possibility of the current tight-knit group of validators relinquishing some of their stake/control going forward?

As you said, there's no doubt that Solana is doing some cool, innovative things in the space and they deserve credit for not just being another Ethereum clone.

But as long as this centralisation issue is hanging over the network's head, I can't see this initial hype (and SOL price explosion) lasting.

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BSC is an example of centralization that works. A lot of crypto projects are like that. BTC is probably the one truly decentralized, although mining pools are an issue there as well. At the end decentralization is a spectrum, not a black and white. It needs to be decemtralized just enough to be secure and work.