While CoinDesk did a great job breaking the news on FTX, they also seemed very eager, even desperate at times, to use the news to arbitrarily take aim at the Solana ecosystem.
What follows is a deep-dive into the press coverage on Solana over the last two turbulent months.
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You explain this with backward looking technical and trade analysis. I explain it with:
- Visa creating social proof
- payments + DePIN narrative
- 400ms block times + low fees
- isolated fee markets
- parallel execution
- Anatoly halo effect
- Firedancer on test net
- Sig +
half billion freedom dollars to multisig controlled by unknown parties for the team that couldn't figure out listing multiple NFT collections in one go to build a "yield-bearing" l2.
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