My take on $SOL network issue:

1) Everyone knows what Beta is, right? ALL #crypto projects should be considered to still be in Beta testing.

2) $SOL reached TPS #ETH can only dream of before being overcome. They will fix the issues and the system will be better for it.
3) #ETH maxis crowing over spilled $SOL is rich. I haven't been able to use #ETH network reliably since January. The fact that #ETH controls limited TPS by making it prohibitively expensive to use when congested is not a design choice I favor.
4) Many L1's are in testing/development right now, and some will be better than others. ALL will experience issues from time to time. This is software reality.

5) Being a CT shitposter and small-time VC lends you no wisdom: dunking on $SOL takes no skill and narrow perspective.
#BUIDL something truly valuable for once, and then you can talk.

6) $SOL will rise again & markets will fluctuate; let's see where we are 3 months from now.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with SirSteve 🌖💎🙌 - Shadowy Wordsmith/Yield Farmer

SirSteve 🌖💎🙌 - Shadowy Wordsmith/Yield Farmer Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @sirsteves

5 Aug
I've been hearing "wen col-5??" since April, and I've grown impatient myself, licking my chops at the prospect of yield farming $UST pairs with every @cosmos token in @osmosiszone DEX.

Here's new alpha on why it's WORTH THE WAIT!! 👇🧵
As reported by @ajcheshier, COL-5 will launch after Cosmos SDK v0.43 goes live.

medium.datadriveninvestor.com/columbus-5-lau…

#LUNAtics know what Col-5 does, but what does Cosmos v0.43 do? /2
Not much... except maybe IT INTEGRATES COSMOS TOKENS DIRECTLY WITH COINBASE'S ROSETTA STONE API! /3
Read 7 tweets
20 May
Some people have asked why $LUNA crashed so hard and recovered slowly in the last 30 hours. Valid question. @terra_money has the most enthusiastic support in CT. That's great, but we need to keep our enthusiasm grounded in reality. 1/12
The @terra_money use case needs no additional hopium. IMO this crash dashed some unrealistic assertions, none of which originated with core team: /2
1. $LUNA is not "bear proof". IMO it's true that it's countercyclical and will be long-term bear resistant due to its design and use case, but that doesn't mean it's "crypto crash proof". Any known market asset price will be ... /3
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(