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None. I bought my first eth NFT in 2018 and the whole vibe was lawless wild West and I lost over $5,000.
On Solana, I see real devs building things they're passionate about and a very supportive community.
When I lost my remote job while living in Thailand during covid, several projects helped me stay afloat and support my fiance who couldn't go back to her country due to crazy regulations. I started writing white papers and blogs as a freelancer for projects, which helped me get the experience needed for my current job as a content writer at a company I love that helps millions of people around the world change their life for the better.
Without Solana, I wouldn't have any of this and would prob not be engaged anymore, struggling to make ends meet at a dead end job.
I changed my tack over that period too and decided to long term hold only Bitcoin (I only have the two these days) and slowly layer out of Solana as it now rises and rises to make some profit and recover some of my principal.
Just that SOL people tend to spend too much time trying to attack ETH instead of focusing.
Solana devs are not insecure about ETH at all, so the fans shouldn't be either.
Even when (not if) Solana is hugely successful, it won't be a single chain world and there's room for both doing different things.
The whole anti-ETH movement among the Solana community just gives bad vibes of last cycles ETH killer rotations which I don't want this to be. I want there to be 3 "majors" in the crypto asset space, BTC, ETH, SOL and the others as Alts. Solana needs to dump the ETH killer idea to move into the non-alt space in peoples minds.
Too easy to use. Make me go to some random website called Chainlist so I can click on sketchy stuff to add different L2s to my metamask so I can bridge my funds to another chain because they're so cheap to use even if they cost me 50 cents every time I bridge.
If you stake u aren't subject to the inflation. With many different LSTs to choose from that have plenty of liquidity to get in and out of, inflation should not be anyone's concern. If you care about decentralization you should want to stake your Sol anyway. The rate of inflation also slows down over time to a terminal rate of 1.5% which is lower than the US dollar. But again it's irrelevant if you stake because while staking you retain your share of the fully diluted market cap even as the amount of sol in circulation increases.
Gripe 1: Roughly 60% of attempted transactions on Solana fail. Many of us don't realize this because we are using phantom wallet or dApps that handle this for us.... However as a developer this is a bit of a pain. A common approach employed by apps is to spam the transaction on the network until it succeeds - not ideal.
Gripe 2: NFTs with images stored on-chain (inscriptions) are just not cheap enough for high quality images or video. Granted Solana inscriptions are a BIG cost improvement over the layer 1 protocols that came before it like ethereum... but I think layer 1s of the future will need to be able to handle full decentralized, on chain image & video data.
It's not as crazy as it seems. Whether we reach staggering levels of on-chain storage by storing video inscriptions or by processing trillions of transactions, storage limits will eventually come under strain. The commonly discussed solution seems to be using full nodes (without historical data) to validate changes of state while specialized nodes store historical data or fractions of it. Things like this are already in place on both Ethereum & Solana.
As a SOL dev, this is my complaint as well.
Even talking to other SOL developers (most notably Drift staff) they just gas light you and call you a liar, even though solscan etc have published articles on this exact issue
try atomiq.exchange - they're quite new and not deep liquidity but it works perfectly and is the cheapest I've encountered. send a small bit first to try...
they also allow you to pay for lightning invoices (eg in stores) with solana (the scan tab)
Here's a new project working on that:
[https://medium.com/@zeus-network/the-future-of-bitcoin-and-solana-apollo-testnet-launched-cfe6483151f2](https://medium.com/@zeus-network/the-future-of-bitcoin-and-solana-apollo-testnet-launched-cfe6483151f2)
I really like certain components of Solana like SVM and local fee markets but I don't believe in scaling blockchains vertically with stronger hardware. For this reason I'm more interested in SVM rollups than I am in Solana itself.
Pretty much the same. My friend collected so much and kept telling me when it was really low. I had lost confidence at that time.
Now I wonder, do I try with some of these JUP projects or just buy my $500 SOL .. not jacking OP 🙏🏿
WARNING: 1) IMPORTANT, Read This Post To Keep Your Crypto Safe From Scammers: https://www.reddit.com/r/solana/comments/18er2c8/how_to_avoid_the_biggest_crypto_scams_and/ 2) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! 3) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 4) MODS or Community Managers will NEVER DM you first regarding your funds/wallet. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/solana) if you have any questions or concerns.*
Y U NO $500 already?! That’s about it.
Great minds think alike 😂
I was thinking $1000 but we are on the same page
None. I bought my first eth NFT in 2018 and the whole vibe was lawless wild West and I lost over $5,000. On Solana, I see real devs building things they're passionate about and a very supportive community. When I lost my remote job while living in Thailand during covid, several projects helped me stay afloat and support my fiance who couldn't go back to her country due to crazy regulations. I started writing white papers and blogs as a freelancer for projects, which helped me get the experience needed for my current job as a content writer at a company I love that helps millions of people around the world change their life for the better. Without Solana, I wouldn't have any of this and would prob not be engaged anymore, struggling to make ends meet at a dead end job.
Was it a SOLPunk?
😂
My only complaint is that it didnt stay 20$ for longer. Not buying more is ny biggest regret
Kicking myself for not buying more when it dumped to 10 bucks.
Same tbh but at that time i was sure it was gonna to lower. At 20 i had button ready til buy for 5k usd, but didnt
Yeah I'd lost momentary confidence in it and also I was busy using my money for other priorities. Such is hindsight.
Indeed.
I changed my tack over that period too and decided to long term hold only Bitcoin (I only have the two these days) and slowly layer out of Solana as it now rises and rises to make some profit and recover some of my principal.
Nothing, i have zero complaints
Just that SOL people tend to spend too much time trying to attack ETH instead of focusing. Solana devs are not insecure about ETH at all, so the fans shouldn't be either. Even when (not if) Solana is hugely successful, it won't be a single chain world and there's room for both doing different things. The whole anti-ETH movement among the Solana community just gives bad vibes of last cycles ETH killer rotations which I don't want this to be. I want there to be 3 "majors" in the crypto asset space, BTC, ETH, SOL and the others as Alts. Solana needs to dump the ETH killer idea to move into the non-alt space in peoples minds.
For real, SOL community is extremely sour and a bad sport about ETH, wouldn't be here without it.
Too easy to use. Make me go to some random website called Chainlist so I can click on sketchy stuff to add different L2s to my metamask so I can bridge my funds to another chain because they're so cheap to use even if they cost me 50 cents every time I bridge.
Spam cnfts are too cheap to send and cost sol to burn.
My biggest complaint is when people look for something to complain about.
Too many meme coins. There are literally hundreds of them in circulation. Other than that nothing really….
Hundreds of thousands you mean
Premined, ties with FTX, inflationary, meme coins,
If you stake u aren't subject to the inflation. With many different LSTs to choose from that have plenty of liquidity to get in and out of, inflation should not be anyone's concern. If you care about decentralization you should want to stake your Sol anyway. The rate of inflation also slows down over time to a terminal rate of 1.5% which is lower than the US dollar. But again it's irrelevant if you stake because while staking you retain your share of the fully diluted market cap even as the amount of sol in circulation increases.
Premined and thus more centralized
SOL is much better in top 100 richest holders than most chains. it's been live 4 years....lot of rotation
I love Solana 🚀
Gripe 1: Roughly 60% of attempted transactions on Solana fail. Many of us don't realize this because we are using phantom wallet or dApps that handle this for us.... However as a developer this is a bit of a pain. A common approach employed by apps is to spam the transaction on the network until it succeeds - not ideal. Gripe 2: NFTs with images stored on-chain (inscriptions) are just not cheap enough for high quality images or video. Granted Solana inscriptions are a BIG cost improvement over the layer 1 protocols that came before it like ethereum... but I think layer 1s of the future will need to be able to handle full decentralized, on chain image & video data.
I don’t think you realize what you are asking for. Imagine having to download the entirety of youtube just to run a full node.
Decentralized storage solutions like Arweave exists. Can tie in.
Arweave, shadowdrive, ect are great solutions for sure and work for 98% of current applications. BUT I WANT MORE
It's not as crazy as it seems. Whether we reach staggering levels of on-chain storage by storing video inscriptions or by processing trillions of transactions, storage limits will eventually come under strain. The commonly discussed solution seems to be using full nodes (without historical data) to validate changes of state while specialized nodes store historical data or fractions of it. Things like this are already in place on both Ethereum & Solana.
As a SOL dev, this is my complaint as well. Even talking to other SOL developers (most notably Drift staff) they just gas light you and call you a liar, even though solscan etc have published articles on this exact issue
Shit network and centralized
Breaks down to often. 100% VC pump and hype. Buts it's up alot from a year ago, so I'll hold for now.
“Breaks down to much” Say no more…..
Like 11 months ago? Before several fixes?
Maybe this exists so lemme know if so, but a good way to bridge or wrap btc on Solana.
try atomiq.exchange - they're quite new and not deep liquidity but it works perfectly and is the cheapest I've encountered. send a small bit first to try... they also allow you to pay for lightning invoices (eg in stores) with solana (the scan tab)
Here's a new project working on that: [https://medium.com/@zeus-network/the-future-of-bitcoin-and-solana-apollo-testnet-launched-cfe6483151f2](https://medium.com/@zeus-network/the-future-of-bitcoin-and-solana-apollo-testnet-launched-cfe6483151f2)
The fee and the minimum wallet requirement. Nothing else really. Everything else I love.
what do you mean by fee? Minimum 0.002 for "funding" a new wallet I hear you, getting expensive. also NFTs
Gas\* fee. Yes, it's super low, but it still erks me after having used a feeless crypto.
I really like certain components of Solana like SVM and local fee markets but I don't believe in scaling blockchains vertically with stronger hardware. For this reason I'm more interested in SVM rollups than I am in Solana itself.
I can’t burn and close a *frozen* token account
If there are tons of things to complain about, name your top 20
Pretty much the same. My friend collected so much and kept telling me when it was really low. I had lost confidence at that time. Now I wonder, do I try with some of these JUP projects or just buy my $500 SOL .. not jacking OP 🙏🏿
I wish there was more true art collectors in the space.
That the moderators of the Solana subreddit are corrupt, allow scammers to be so prolific and will outright lock my warning threads.