SOL is overhyped, my opionion.

Cryptocurrency News and Public Mining Pools

SOL is overhyped, my opionion.

edit: opinion

SOL has seen a huge pump and I'm happy for everyone that made good gains on SOL, however I think many people will get burned on SOL as it's still a pretty incomplete project

  • Unreasonable validator requirements(128GB ram, high end cpu, 100K SOL) – https://docs.solana.com/running-validator/validator-reqs
  • Solana Foundation selling heaps of tokens below market price to VCs
  • Insane bandwith requirements for nodes
  • Low fees don't require much SOL to be used
  • Slashing isn't done

I'm not against Solana or anyone investing/holding SOL. I just personally think the project got hyped up now that ETH fees are ridiculously high. Thoughts?

submitted by /u/IncomeSudden
[link] [comments]