Replying to Avatar So Tachi

SOL looks more like a private CBDC than a blockchain to me.

Most of DeFi is centralised, starting with stablecoins all the way to Oracles, so it make sense that Solana is getting so much attention not trying to be decentralised

Great to see different profile and conviction here though, welcome!
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Soul Reaver 1y ago 💬 1

Oh yea Solana's not for decentralization enthusiasts for sure. What's though? ETH's better at it I believe, high fees. BTC lightning is hard to implement, requires centralized big routing nodes to operate optimally etc. Pick your poison. We don't have a perfect chain on all fronts. Scaling, decentralization, reasonable fees. Pick two I guess.

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So Tachi 1y ago

BTC offers different tradeoff

Layer1 is expensive but perfectly unstoppable

Lightning is great too, but you need to manage your channel and liquidity

Then you have cashu or custodial lightning in all sort of flavour

ZK are coming too

Solana is really just an AWS for DeFi enthusiast at this point