12-27-2022, 02:20 PM
State of Solana
<!-- SC_OFF --><div class="md"><p>So from I’ve read it looks like </p> <ul> <li>project was massively propped up by SBF fraud money </li> <li>chain is unreliable, often halted, and moving forward some of the infrastructure under it will be turned off (funded by FTX) </li> <li>75% of developers have left?</li> <li>in the last day, the two biggest projects have indicated they’re migrating to ETH (35% of current chain volume) (deGods and y00ts</li> <li>[my thoughts] assume FTX are holding coins / chain coins, that will be sold by the liquidators?</li> </ul> <p>Is this a true indication of the current state of SOL? Because if so the project looks almost certain to die unless I’m missing something?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Your_mortal_enemy"> /u/Your_mortal_enemy </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvtgbc/state_of_solana/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvtgbc/state_of_solana/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So from I’ve read it looks like </p> <ul> <li>project was massively propped up by SBF fraud money </li> <li>chain is unreliable, often halted, and moving forward some of the infrastructure under it will be turned off (funded by FTX) </li> <li>75% of developers have left?</li> <li>in the last day, the two biggest projects have indicated they’re migrating to ETH (35% of current chain volume) (deGods and y00ts</li> <li>[my thoughts] assume FTX are holding coins / chain coins, that will be sold by the liquidators?</li> </ul> <p>Is this a true indication of the current state of SOL? Because if so the project looks almost certain to die unless I’m missing something?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Your_mortal_enemy"> /u/Your_mortal_enemy </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvtgbc/state_of_solana/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvtgbc/state_of_solana/">[comments]</a></span>