Solana$SOL is a project called Ethereum Killer. Why? Because it promises speed of transactions, low fees and decentralization. But there is a nuance here: this "killer" herself periodically falls. So what is Solana: a revolution or just another marketing hype?
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Why is Solana cool?
1. Speed. 65,000 transactions per second (TPS). This is many times more than Ethereum$ETH 30 TPS) and Bitcoin (7 TPS).
2. Commissions? What commissions? Transaction fee - pennies. If you pay $50 in Ethereum, then $0.001 will be enough here.
3. Ecosystem. DeFi, NFT, gaming, you name it. Even serious companies like OpenSea have integrated Solana.
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Why should you worry?
1. "Weekend". Solana has stopped more than a dozen times in the past two years. Imagine: you are waiting for a transaction, and the network says: "Sorry, technical work!".
2. Centralization. Solana is said to be a "decentralized" blockchain, but most nodes are controlled by a few large validators. So how decentralized it is is the question.
3. Hackers do not sleep. In 2022, several Solana wallets were hacked and users lost millions of dollars.
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So why do people buy Solana?
1. Investors believe. Even with its problems, Solana received the support of big players such as FTX (before its collapse) and Jump Trading.
2. Price growth. Solana rose from a few dollars to more than $200 in 2021, although it bounced back after the bear market.
3. Ecosystem. NFT on Solana is almost like Ethereum, but without the "gas disasters".
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Visnovok
Solana is like a fast sports car with frequent breakdowns: you're amazed at its capabilities, but every drive is exciting. Will it become the "Ethereum killer"? Doubtful. But for now, this is an interesting alternative for those who like risk and savings. Just remember to check the network status before buying anything.
