12-23-2021, 02:54 AM
Top 5 Data Centres that run validator nodes for Solana hold +47% of total stake. Suc
<!-- SC_OFF --><div class="md"><p>It has s lightning fast transaction speed of 50,000 TPS.</p> <p>It has a low cost for every transaction $0.00025.</p> <p>It has a lot of dapps and a few dexes in it.</p> <p>​</p> <p>But it is highly centralised (as it demands a super computer or close for validators):</p> <p>​</p> <p>-Top 3 data centres hold +34% of the total stake</p> <p>-Top 5 data centres hold +47% of the total stake</p> <p>-Top 19 validators hold 33% of the total stake</p> <p>-Around 33% of the total stake is hosted on AWS</p> <p>-60% of the supply is held by insiders and VCs</p> <p>-Solana foundation sponsors a chunk of these validators</p> <p>​</p> <p>And as a result of such centralization, we've seen network going down, ddos attacks, network congestion and so on. Many of the new projects are doing exactly this to boost their TPS and reduce their txn cost. </p> <p>​</p> <p>IMO, any coin which takes for granted the decentralized aspect of these platforms is replacing one problem with another fancier problem.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/tanmay1010"> /u/tanmay1010 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rm1ejl/top_5_data_centres_that_run_validator_nodes_for/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rm1ejl/top_5_data_centres_that_run_validator_nodes_for/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>It has s lightning fast transaction speed of 50,000 TPS.</p> <p>It has a low cost for every transaction $0.00025.</p> <p>It has a lot of dapps and a few dexes in it.</p> <p>​</p> <p>But it is highly centralised (as it demands a super computer or close for validators):</p> <p>​</p> <p>-Top 3 data centres hold +34% of the total stake</p> <p>-Top 5 data centres hold +47% of the total stake</p> <p>-Top 19 validators hold 33% of the total stake</p> <p>-Around 33% of the total stake is hosted on AWS</p> <p>-60% of the supply is held by insiders and VCs</p> <p>-Solana foundation sponsors a chunk of these validators</p> <p>​</p> <p>And as a result of such centralization, we've seen network going down, ddos attacks, network congestion and so on. Many of the new projects are doing exactly this to boost their TPS and reduce their txn cost. </p> <p>​</p> <p>IMO, any coin which takes for granted the decentralized aspect of these platforms is replacing one problem with another fancier problem.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/tanmay1010"> /u/tanmay1010 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rm1ejl/top_5_data_centres_that_run_validator_nodes_for/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rm1ejl/top_5_data_centres_that_run_validator_nodes_for/">[comments]</a></span>Kind Regards R