InvisibleMic

Solana is broken; it fails to meet demand! Before leaving crypto, try other chains! Here are all L1s in the top 100 based on decentralization & scalability:🧵 BTC - Low capacity❌ BNB - Centralized❌ ETH - At capacity & centralized L2s❌ SOL - At capacity (parallelization)❌ XRP - Centralized❌ DOGE - Low capacity❌ TON - High capacity (sharding)✅ ADA - Low capacity❌ AVAX - Has capacity✅ BCH - High capacity (simple)✅ DOT - Has capacity✅ TRON - Has capacity✅ NEAR - High Capacity (sharding)✅ ICP - Has capacity✅ LTC - Low capacity❌ APT - High capacity (parallelization)✅ ETC - Low capacity❌ FIL - Has capacity✅ ATOM - Has capacity✅ XLM - Centralized❌ HBAR - Centralized❌ VET - Centralized❌ KAS - High capacity (simple DAG)✅ FTM - High capacity (DAG)✅ XMR - Has capacity✅ TIA - Low capacity❌ SUI - High capacity (parallelization)✅ ALGO - Centralized❌ SEI - High capacity (parallelization)✅ BSV - High capacity (simple)✅ EGLD - High capacity (sharding)✅ XEC - High capacity (simple)✅ QNT- Has capacity✅ WLD - Has capacity✅ NEO - Centralized❌ XTZ - High capacity (sharding)✅ EOS - High capacity (parallelization)✅ MINA - Low capacity❌ KAVA - Has capacity✅ IOTA - Centralized❌ KSC - Has capacity✅ A harsh truth distilled in a few words for each chain, as you either have the capacity or not To explain my methodology: Anything below 100 TPS is low capacity, anything above 1k TPS is high capacity. TPS is counted based on how many simple 1 to 1 TXs fit within a single block Any blockchain with permissioned elements is considered "centralized," deal with it! In brackets, I also highlight what scaling tech is being used, as the truth is that it is not possible to scale a blockchain without using some sort of exotic tech The exception is "simple" chains; without Turing complete smart contracts, no exotic scaling tech is required at all Sharding remains my favorite approach, as the upper limit can exceed 1M TPS! Parallelization has a lower total capacity but is significantly faster DAGs are theoretically infinitely scalable but come with other trade-offs, such as more difficulty in tracking a single global state Ultimately, we want cryptocurrency to succeed & it can only succeed if it is scalable. The recent failures in SOL are disappointing, which makes it all the more important to drive this message home hard Blockchains can scale to meet demand despite the recent growing pains!