Karthik Senthil
@karthiksenthil
What's FC sentiment on Solana?
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Nicholas Charriere
@pushix
1. Smartest people I know in crypto focus on ethereum (includes L2s) 2. Shares reserved for founders is bad ethics 3. Doesn’t differentiate enough from ETH technically to be worth a schism 4. Ways it does differ go towards centralization. Feels like the wrong direction (prefer privacy chains for example)
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Elie
@elie
It clearly has major advantages over Ethereum in terms of performance and price. Eth world uses layer 2s for that. But they’re basically different blockchains. It’s in a tough spot marketing wise. FTX holds 13% that will get sold off at some point. Teams are leaving.
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Karthik Senthil
@karthiksenthil
Yeah agree that its optimizing for something entirely different than ETH (data avail / distribution) vs. credibly neutral settlement. It's more of a L1.5 than a direct competitor to either ETH L1 or ETH L2s. 100% agree in a super tough spot marketing and token price wise. Down -- but not out.
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