In the thread divided into X, Justin Bons – Founder and investment director Cyber Capital, a fund that he describes as the oldest cryptocurrency fund in Europe – designated criticism of Blockchain Solana. He accuses Solana suffering for numerous flaws, including repetitive network breaks, centralization of pressure through demanding hardware requirements and what she considers as a deterministic model that devotes the reliability of speed.
Solana has disadvantages, but he still runs
Bons admitted that Solana showed improvements in time – especially in solving a break – but he emphasized that the blockchain “should never fall”, even at experimental stages. He drew attention to the trend of “significant embolism” resulting from errors in the field of network planning and problems with the QUIC protocol, while emphasizing that the sandwich and MEV (maximum mining value) remain a “unsolved problem” in the industry.
Bons described the requirements of salted equipment as particularly burdensome: “The biggest cost of the equipment is RAM, with 256 GB of EC memory! It costs thousands of dollars … “Although the high costs of erecting subsequent barriers, Bons admitted that it still maintains over 1,400 validators.
He criticized what he considers to be a “broken fee market” leading to degraded users’ experiences, but expressed optimism that these problems would be solved this year. As for the indefinite Solana project, Bons argued that he creates “less than 1% chance of TX failure”, but he called it structural inefficiency and waste. He also questioned the continuous sponsorship of the Walidators by the Solana Foundation, noting that although it was valuable during the initial height of the Solana, “the time has come when it should be stopped … Sol can now stand alone”.
Despite this, Bons explained that he moved from being a critic to the “supporter”, claiming that “Sol is without permission and sufficiently decentralized blockchain … BTC and ETH cannot provide this service on a large scale. That is why the lunch and during the Cypherpunk torches. “
Notes caused a direct response of the Solana João Mendonça developer, who emphasized that the habitual pursuit of blockchain performance sometimes leads to almost groundbreaking challenges. Mendonça said: “Solana moves every limit known for this industry … still has> 99.9% working time with over a year of recording of a lack of blocks of blocks.”
He believes that additional occasional “accidents” remain possible until the network has not many software customers – the most crucial majority of rates take place on one customer – but he maintained that Solana is still evolving. Mendonça also dealt with perceived centralization, emphasizing that high hardware requirements do not necessarily hinder users’ ability to run nodes for verification.
According to him, node configurations can be removed to more modest requirements for those who only need to follow the chain, reducing the barriers for a wider participation. He noticed that all the main blockchains utilize incentives similar to the sponsorship program financed by the Foundation to aid Bootstrap Validator Networks, observing that the Solana Foundation delegation program (SFDP) has already dropped from about 20% to about 12% of the total share.
Bons replied, emphasizing that although the presence of many customers may actually shorten future network downtime, such failures should not be justified. He also repeated skepticism against the incredible Solana approach, arguing that this leads to the “optimistic model instead of a deterministic”, which in his opinion reduces the reliability of the transaction.
Mendonça pushed himself away, suggesting that the Solana project “prioritizes the user’s speed, pain for the developer … as it should be”, and the system stopping the system prevents potential corruption of state, when significant problems arise, at least as long as many customers are able to secure excessiveness networks.
During the press, Sol traded for $ 192.
A distinguished painting with Shutterstock, chart from TradingView.com
