• Solana Community Divided Over Proposed Upgrade!

    The SIMD-228 proposal is sparking controversy, with many in the Solana community raising concerns about high centralization risks. The proposal aims to slash token inflation by 80%, shifting from a fixed-rate model to a market-based approach.

    Critics argue this move favors large validators, making the rich richer while hurting smaller players & network security.
    Solana Foundation President Lily Liu warns it could destabilize the ecosystem.
    Solana’s Co-founder, however, supports the proposal, claiming it will strengthen DeFi & prevent excessive inflation.

    With over 71% of votes already in favor, is this a step forward or a threat to decentralization?

    What’s your take? Should Solana prioritize lower inflation or protect decentralization?

    Read more: https://snipesearch.net/solana-community-flags-high-centralization-risk-in-proposed-upgrade-4917398.html

    #Solana #CryptoNews #SIMD228 #Decentralization #DeFi #Blockchain #CryptoDebate
    🚨 Solana Community Divided Over Proposed Upgrade! 🚨 The SIMD-228 proposal is sparking controversy, with many in the Solana community raising concerns about high centralization risks. The proposal aims to slash token inflation by 80%, shifting from a fixed-rate model to a market-based approach. 🔹 Critics argue this move favors large validators, making the rich richer while hurting smaller players & network security. 🔹 Solana Foundation President Lily Liu warns it could destabilize the ecosystem. 🔹 Solana’s Co-founder, however, supports the proposal, claiming it will strengthen DeFi & prevent excessive inflation. With over 71% of votes already in favor, is this a step forward or a threat to decentralization? 🤔 💬 What’s your take? Should Solana prioritize lower inflation or protect decentralization? 📖 Read more: https://snipesearch.net/solana-community-flags-high-centralization-risk-in-proposed-upgrade-4917398.html #Solana #CryptoNews #SIMD228 #Decentralization #DeFi #Blockchain #CryptoDebate
    SNIPESEARCH.NET
    Solana Community Flags High Centralization Risk in Proposed Upgrade
    The proposal seeks to reduce the asset inflation rate by 80% by moving from a fixed-rate token emission to a market-based model.
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