buy
Buy
fuck Near
Near has an infinite supply with massive annual inflation. Most of the supply is VC controlled. Even if you have free money or stolen a million dollars I’d not recommend it any day.
Near also uses sharding which is fancy way to say grouping of nodes. Or multiple chains. Which is the most complex design for scaling. Shards are not aware of each other. So, sharding requires master nodes. Which is bad for decentralization. Nothing comes to DAG. A monolithic design. One integrated scalable network.
How we stack up vs SOL?
Solana is monolithic similar to Fantom. My problems with it why I exited Solana at $62 and joined Fantom. Is high inflation. About 20-30 millions of Solana is minted each year. They reduce the rewards each year but it’s gonna be far far in the future where this is gonna be useful. It has infinite supply and large circulating supply already. More than 50% is still being held by VCs. To keep up with inflation people are forced to stake. 70-75% being staked. This is different from fixed supply with burning like FTM. Investors are not competing with each other and afraid of each other diluting their money like Solana. In the contrary FTM all investors benefit together from the great tokenomics. On the tech side Solana uses super complex code relying on super computers. That’s why only few validator do the actual validation. Fantom uses innovation through Lachesis DAG. Much less complex design requiring less capable hardware.
Somebody understands the tech 👏 Excellent post overall my friend 🔥
any comments ? one is +4%, other is -5%
fuck that shit again
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