Solana (SOL) Slammed by Gavin Wood: Do "Big TPS Numbers" Matter?
Web3 Foundation's Dr. Wood indicated the "sine qua non" for proper decentralized systems after Solana (SOL) went offline due to "resource exhaustion."
"Genuine decentralization and well-designed security"
Dr. Gavin Wood has taken to Twitter to comment on the network congestion suffered by "Ethereum killer" Solana (SOL). To bring its operations back to normal, its validators decided to restart the network.
Events of today in crypto just go to show that genuine decentralisation and well-designed security make a far more valuable proposition than some big tps numbers coming from an exclusive and closed set of servers. If you can't run a full-node yourself then it's just another bank. — Gavin Wood (@gavofyork) September 14, 2021
Thus, issues on the "decentralized" network were addressed in a coordinated, "centralized" way. Dr. Wood states …
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