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.
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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.
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