steviep pfp
steviep
@steviep
Does anyone have a good explanation on why Solana is more centralized than Ethereum? I can't tell if that's true, or just a meme (like how Bitcoin is more decentralized than Ethereum)
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aotearoan.eth pfp
aotearoan.eth
@aotearoan
It’s predominantly VC allocated. Kinda defeats the purpose of a blockchain IMO.
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steviep pfp
steviep
@steviep
Do you happen to have any more recent data? I don't doubt that the ownership is more centralized, but that's from four years ago
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aotearoan.eth pfp
aotearoan.eth
@aotearoan
Yeah this was just a comparison of the initial offerings. I don’t have any more recent info but this was the main reason I avoided investing back then.
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