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
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
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