10 things they don’t want people to know or post about about Solana (part deux)
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75.72% of all transactions through Jupiter are failing.
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48.71% of all transactions through Raydium are failing.
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Transactions will fail for a variety of reasons not just slippage issues.
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Voting consensus transactions & failed transactions massively bloat the blockchain size, currently ~265 TB & growing fast.
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Again, TPS includes voting consensus and failed transactions, failed transactions on most other blockchains are strictly validated before even hitting the blockchain.
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Firedancer is live on mainnet, but in 'non-voting mode' which means it cannot produce blocks and is only doing about ~30% of what a validator does.
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RPC endpoint architecture allows operators to reorder transactions and front-run.
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$7.5 billion SOL, is continued to be sold-off by FTX, a major unlock occurs in March 2025, and continued unlocks every month up till 2028. (Repeated due to importance).
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5 million daily active users is a myth, 4.5 million of these hold 0 SOL, and much more hold < 1, they are created with an intention to inflate metrics, notice the large uptick in August, also 1 user(bot) could technically have 4 million wallets.
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The Top 18 validators control +33% of the entire staked Solana supply, meaning they can collaboratively block consensus and censor transactions.
TL;DR: I added a comedy flair for "comedy" purposes because if someone told you that this is one of the major crypto networks you'd indeed think that crypto is a scam…
submitted by /u/cascading_disruption
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