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half billion freedom dollars to multisig controlled by unknown parties for the team that couldn't figure out listing multiple NFT collections in one go to build a "yield-bearing" l2.
chris retweeted
You explain this with backward looking technical and trade analysis. I explain it with:
- Visa creating social proof
- payments + DePIN narrative
- 400ms block times + low fees
- isolated fee markets
- parallel execution
- Anatoly halo effect
- Firedancer on test net
- Sig + more clients coming
- SVM recognition via eclipse + maker
- top ETH talent discussing Solana
- seamless UX + wallets
- Armani’s endless shipping
- built out defi waiting for demand
- a flood of ecosystem content
- LSTs mooning for the first time
- everyone loves an underdog
- everyone wants to be early
- FTX made everyone underexposed
- 2K+ validators
- product and UX first
- great vibes, more fun less philosophy
- Rust’s cross industry utility
- Solana will support light nodes (async verification + DAS)
- a % of apps will always need a single global state
- appchain narrative was over indexed. mostly siloed databases with web3 budgets
- network stability via QUIC and stake weighted QoS
- Solana Jesus @mert
- @Lightspeedpodhq
chris retweeted
While CoinDesk did a great job breaking the news on FTX, they also seemed very eager, even desperate at times, to use the news to arbitrarily take aim at the Solana ecosystem.
What follows is a deep-dive into the press coverage on Solana over the last two turbulent months.
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