Link: https://storm.pub/watch?v=z8f1yC96b4U
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Join my Bitcoin live classes:
https://www.bitcoinuniversity.com/courses/93850-live-classes
In this video, I compare Solana and Bitcoin's on-chain transaction volume, uptime record, as well as the requirements for running a node.
Solana has high throughput and low fees, but at the expense of true decentralization. The cost and technical expertise needed to run a Solana node puts it out of reach of 99% of people on earth.
Solana also had a large premine, and suffers from the same problems that plague all proof of stake networks.
Ignore everything in this space except for BTC, because there is no second best.
Not investment advice! Consult a financial advisor.
Yogi Berra's Bitcoin (High Transaction Fees):
https://www.youtube.com/watch?v=OYGJQERpgCQ&ab_channel=BitcoinUniversity
Compare LTC and BTC transaction fees:
https://mempool.space/
https://litecoinspace.org/
Solana value moved on-chain:
https://www.theblock.co/data/on-chain-metrics/solana/solana-value-moved-on-chain-daily-7dma
BTC and ETH value moved on-chain:
https://www.theblock.co/data/on-chain-metrics/comparison-bitcoin-ethereum/adjusted-on-chain-volume-daily
Solana outages:
https://www.coindesk.com/markets/2024/02/06/solana-network-suffers-brief-outage-sol-steady/
https://www.ccn.com/news/solana-outage-decentralization-software-bug-concerns/
Bitcoin network uptime:
https://bitcoinuptime.org/
Solana node requirements:
https://docs.solanalabs.com/operations/requirements
Download Bitcoin Core:
https://bitcoin.org/en/download
Download Bitcoin Knots:
https://bitcoinknots.org/
Start9:
https://start9.com/
My favorite Bitcoin data dashboard:
https://bitcoin.clarkmoody.com/dashboard/
Nakamoto Coefficients:
https://nakaflow.io/
Solana had a huge initial insider allocation:
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#solana
Disclaimer
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