Reposting because the automod deleted it.
Two data centers control 45% of the Solana network.
This is very centralized.
In order to run your own Solana node, you have to pay 5000$ minimum for the hardware, and you also need to pay 1.1 sol per day. This works out to 70,000$ per year. You also need to pay for the electricity to run your computer 24/7, let's say 3000$ as a very conservative estimate.
Since Solana has around an 8% APY, that means that you need 1 Million dollars in SOL to BREAK EVEN. You are losing money on a Solana node unless you have more than 1 Million dollars. This is a fucking joke. How can we call a platform decentralized when it costs 1 Million dollars to run a node, and 2 data centers essentially control the network?
I know this is going to get downvoted because this sub loves SOL, but whatever. I need to share the truth no matter how unpopular it is.
EDIT: Check out the pinned comment below, I made a few minor errors
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments