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Comment by Aeolun | Hacker News Reader

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Aeolun·

This sounds exactly like Ethereum. What makes this so unique.

Also:

> biggest crypto hackathon

100, instead of 50 participants I’m sure.

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Being able to do 50,000 tx per second with fees at fractions of a penny is what differentiates this from Ethereum. This makes things such as truly real time, decentralized exchanges feasible.

Does that 50k tps come at the cost of any type of centralization? I don't know much about Solana, but that usually seems to be the trade off with other crypto that has advertised comparable speeds.

It does make it centralized, just take a look at the spec requirements to see how unrealistic it is to expect high participation (let alone technical knowledge)

https://docs.solana.com/running-validator/validator-reqs

Hardware is always improving and costs drop ... isn't it only a matter of time until these requirements are nothing?

Do you expect the requirements to run a node to stay flat even as network usage increases and the history grows longer?

History is stored on Arweave. Solana validators only store a small suffix of the history.

And by that time the network will be either sufficiently (more) centralized, irrelevant, or both.

It costs $80,000 to run an Ethereum POS validator.

hmmm, try 5k participants

Though I've been personally blown away by the quality of participants' competence in ethereum hackathons. Not sure if solana compares on this front.

It's almost like developers flock to the most interesting, innovative, and lucrative space currently on the market today. The fact so many developers on here dismiss without doing even basic research is kind of sad

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