For public chains, without the prosperity on the chain, the price of the currency cannot be supported. I am responsible for this conclusion.
So, SOL with 1 million daily active users on the chain and ICP with less than 10,000 daily active users. Who is underestimated and who is overestimated? 😁
You may say that the daily active users of ICP on the chain will grow exponentially. I can only say that it is hard to say how the technology will be improved in the future, but it will not be now, because ICP's technology cannot support a large number of users at all.
Don't listen to others bragging that ICP technology is awesome. ICP's technology is indeed "new", but its stability, throughput and stress resistance are very poor.
＊When the inscriptions became popular, ICP was severely congested and a large number of users could not be responded to.
＊The subnet where BOB is located is still abnormally congested, and a large number of users cannot be responded to, and it has not been resolved so far.
＊Since the beginning of this year, I have personally experienced that the core NNS on the chain has completely crashed once, the node where the ICS is located has been offline three times, and the subnet has been severely congested and the interaction queues have been long twice.
ICP's current technology and network capabilities cannot withstand 100,000 daily active users on the chain, let alone 1 million daily active users.
