Solana surges ahead of Ethereum and Tron in stablecoin activity

[MrSpasybo]

The problem is the validators, you can't just have it all, you have to trade things and Solana validators are both the reasons for the speed and easiness of propagations but also the Achille's heel when they fail. There is basically no redundancy there, if one major network goes down so do like 1/3 of the validators and it just stops and things will just keep being the same, it's simply impossible for Solana to go to a completely decentralized model where everyone runs it's node, not while asking for 256Ram and 10Gbit upload.

Anyhow, technicalities won't matter for the price, nowadays nobody gives a damn, there have been coins that have suffered 51% attacks and 6 hours of chain re-orgs and are still alive.

We have all seen that when investors are FOMO and extremely greedy, all blockchain problems can be easily overlooked, as long as price movements are very positive and promise great profitability. SOL could be such a case: PoH continues to have problems but SOL token price chart is still very attractive for investment purposes and generating profits.

Anyway, I still hope that the Solana team is focusing on fixing bugs and soon having an important update to improve network quality.

[philipma1957]

Yeah I am hoping for it to become stable with no outages.

For newer people BTC once did an unplanned false fork. Took a while to fix it.

Also Eth had to roll back it chain that rollback caused a hard fork with eth and etc .

I also lost two as I was unable to get my mac based wallet to synch correctly with the fix they did.

So I never respected Eth since.

Shout out to mr v pay me my 2 eth.

[Stompix]

Yeah I am hoping for it to become stable with no outages.

For newer people BTC once did an unplanned false fork. Took a while to fix it.
Also Eth had to roll back it chain that rollback caused a hard fork with eth and etc .

The god part is that Solana can't really fork the way Bitcoin and Eth have.
Interesting Solana forks quite often, it's the norm, but it's by design as new blocks are not validated in the same order by all validators before being added, so you can have different blocks chained to a parent and same blocks chained to those two, the leader of each session will chose the path.
And here came a problem (solved in theory) if none of the forks got 66% the chained stopped the leader can't execute the votes, nothing is broadcasted to the cluster, new cycle can't be started, this was the cause of the first few halts between other reasons.

But in theory at least the fork management is pretty neat
https://docs.solanalabs.com/consensus/managing-forks
...when it works..

[MrSpasybo]

Yeah I am hoping for it to become stable with no outages.

For newer people BTC once did an unplanned false fork. Took a while to fix it.

Also Eth had to roll back it chain that rollback caused a hard fork with eth and etc .

I also lost two as I was unable to get my mac based wallet to synch correctly with the fix they did.

So I never respected Eth since.

Shout out to mr v pay me my 2 eth.

I believe the Solana team also understands: stability is as important as high speed and low fees. Devs quickly fixed the bug and will update soon, I don't think we will have Solana folk like Solana Classic. Usually forks come from community disagreement about block size, consensus protocol, or bad historical abandonment. Solana does not pose any potential dangers, so we can continue to rest assured!

The god part is that Solana can't really fork the way Bitcoin and Eth have.
Interesting Solana forks quite often, it's the norm, but it's by design as new blocks are not validated in the same order by all validators before being added, so you can have different blocks chained to a parent and same blocks chained to those two, the leader of each session will chose the path.
And here came a problem (solved in theory) if none of the forks got 66% the chained stopped the leader can't execute the votes, nothing is broadcasted to the cluster, new cycle can't be started, this was the cause of the first few halts between other reasons.

But in theory at least the fork management is pretty neat
https://docs.solanalabs.com/consensus/managing-forks
...when it works..

Solana fork management has worked quite effectively, enough that the Solana community is not divided in vision or interests in the ecosystem. I don't have a deep understanding of the technology in Solana's PoH, I just continue to believe in what Solana has been doing.

[UNIVERSE]

Solana's development has been extraordinary. This coin not only proves that SOL is really worth it for investment. but the development of the project is really fast. Not only that, Solana has also proven that its network and platform can truly compete significantly with its predecessors.

So, there is no doubt that Solana will continue much higher

[philipma1957]

I just went to my helium wallet and swapped some EARNed IOT for more Solana.

I will add a little solana over and over by cashing my IOT into Solana.

[MrSpasybo]

Solana's development has been extraordinary. This coin not only proves that SOL is really worth it for investment. but the development of the project is really fast. Not only that, Solana has also proven that its network and platform can truly compete significantly with its predecessors.

So, there is no doubt that Solana will continue much higher

I am also continuing to monitor the development of the Solana ecosystem and hope that Solana will continue to maintain its excitement. Currently Layer-2 projects on Ethereum are attracting the attention of the media, users and investors, they can gain users from Solana, I think Solana will need to do more to affirm its irreplaceable position in the blockchain and crypto market.

My expectation is that Solana will continue to be the platform with the most vibrant stable coin-related activities in the market. Wherever there is cash flow, there will be development 

[pacar_tiri]

I just went to my helium wallet and swapped some EARNed IOT for more Solana.

I will add a little solana over and over by cashing my IOT into Solana.

Wow, it looks like you have found a treasure that has been stored for a long time and currently the price is very high for Solana. My suggestion is that maybe if you are in need of money then you can sell the Solana resulting from exchanging some IOT. After that, save the remaining Solana for the future because you don't will know that Solana could reach a very expensive price someday.

[MrSpasybo]

Wow, it looks like you have found a treasure that has been stored for a long time and currently the price is very high for Solana. My suggestion is that maybe if you are in need of money then you can sell the Solana resulting from exchanging some IOT. After that, save the remaining Solana for the future because you don't will know that Solana could reach a very expensive price someday.

Helium IOT token price has been x10 from the bottom price, which is really attractive, but its price increase performance is not superior to Solana, x18 from the bottom price. I don't dare give anyone investment advice, but choosing to store assets in the native token of a large blockchain like Solana is a safer decision than continuing to hold the token of a small project.

May the SOL token price continue to increase, soon create a new ATH and bring huge profits to those who have chosen to continue to believe in Solana 

[Gurujebs]

Solana's development has been extraordinary. This coin not only proves that SOL is really worth it for investment. but the development of the project is really fast. Not only that, Solana has also proven that its network and platform can truly compete significantly with its predecessors.

So, there is no doubt that Solana will continue much higher

The way Solana tech was model even before it surge in the last bull run, you will want to agreed with me that they are the best in term of speed, everything around Solana has been about speed but ever since the last incident, despite the price recovery there hasn't been much liquidity like before. You can't sell millions of Solana in this market without affecting the price and the network has been unstable that even Binance had to pause their withdrawal on Solana chains.

There has been a motion by some venture capital trying to buy back the Solana under FTX which is a good news for people that has theirs trapped in the exchange but it will be subjected to 4 years locked which means people would have access to their coins now. SBF really destroyed a lot of dreams you know.

[philipma1957]

I just went to my helium wallet and swapped some EARNed IOT for more Solana.

I will add a little solana over and over by cashing my IOT into Solana.

Wow, it looks like you have found a treasure that has been stored for a long time and currently the price is very high for Solana. My suggestion is that maybe if you are in need of money then you can sell the Solana resulting from exchanging some IOT. After that, save the remaining Solana for the future because you don't will know that Solana could reach a very expensive price someday.

i am still adding to my solana. going to hold it longer.

[legend45]

I just went to my helium wallet and swapped some EARNed IOT for more Solana.

I will add a little solana over and over by cashing my IOT into Solana.

Wow, it looks like you have found a treasure that has been stored for a long time and currently the price is very high for Solana. My suggestion is that maybe if you are in need of money then you can sell the Solana resulting from exchanging some IOT. After that, save the remaining Solana for the future because you don't will know that Solana could reach a very expensive price someday.

Solana seems very suitable to hold for the long term besides bitcoin, ethereum and BNB. I have solana in my wallet, and it will last until next year's bull run. Currently I'm also still hunting for some potential coin coins.

[MrSpasybo]

Solana seems very suitable to hold for the long term besides bitcoin, ethereum and BNB. I have solana in my wallet, and it will last until next year's bull run. Currently I'm also still hunting for some potential coin coins.

Yeah, it would be good if we realized this sooner when the SOL price is in the $8-10 range in 2022 and gets a lot of profits now.

Now SOL is in the top 4 on coinmarketcap, excluding stable coins: BTC - ETH - BNB - SOL, SOL deserves to be chosen for long-term investment purposes. The strong development of the Solana ecosystem also helps us have more confidence in the potential price increase of SOL tokens in the future.