Lots of takes about Solana. Here's the fundamental problem:
- It optimizes for the lowest quality transactions (spam)
- It doesn't have a fee market that prices execution granularly
Best solution: become a validium, use QoS, have mass exits for CR.
polynya.medium.com/transaction-qu…
- It optimizes for the lowest quality transactions (spam)
- It doesn't have a fee market that prices execution granularly
Best solution: become a validium, use QoS, have mass exits for CR.
polynya.medium.com/transaction-qu…
Alternatively, implement an actual pricing system (I know there's some work happening on that) and set a transaction fee floor to $0.01 or so like Polygon PoS has done.
For negligible / 0 fees, a modular approach is the only way out.
For negligible / 0 fees, a modular approach is the only way out.
Is it acceptable for an L1 to reject transactions it determines to be spam or DDoS attack?
Is it acceptable for a rollup/validium to do the same, assuming there's a cheap way to exit the rollup en masse to a censorship resistant layer?
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