RPC

HSuke

For the reasons I stated before, it's actually extremely bad practice to not segment 100k (let alone 100M, which is impossible) TPS of data. Basically every single node, RPC, and block explore now has to store hundreds of petabytes of data just because one project decided to spam the entire network. Application-specific data really needs to be segmented into an L2/L3 or the equivalent of a private channel. Imagine being a normal user, and having to sift through 100000 pages of transactions on an explorer just to find their own.

borisdj_cd

I did investigation into this topic some times ago. From Satoshi's posts, emails, White Paper and also source code one can deduce the following: First he needed a fixed final number. Next he decided for halving function for reduction. It is very basic method, and dividing by two /2 in binary notation is just shifting, so easy to code and implement (KISS principle). Then he had to choose others parameters (he preferred simple round numbers like 10, 100, 1000, etc). In prerelease version values were: 1) block time - 15 min (1/4 of hours) 2) initial reward - 100 coin 3) halving period - 100 000 blocks (around 2.8 years) On release he changed it to: 1) block time - 10 min (round number and enough time for global data propagation and sync of nodes) 2) initial reward - 50 coin (with all halvings it Sums up to 100 in total) 3) halving period - 210 000 blocks (most INTERESTING part and choice) . . here the best guess is that he first considered 200 000 but then wanted it close to 4 years (6\*24\*365\*4 = 210240 that was rounded to 210 K) as it is socially good period: average business cycle, elections, sports and olympic games - psychological based. Had the initial reward stayed 100, which would sum up to 200 then supply would be 42 millions. But thought that sounded too much so decided to go from 50 and sums up to 100, which results in 21 mil. 50 is 50% of all coins, aka converging geometric sum(s) up to 100. In early stage Bitcoin did not have any value so he tried to find middle ground in early stages (easy for people to grasp the amount) but also for later. Also in first version, it had only 2 decimal places, and then it was increased to 8 digits, that fits into 64 bit number. This had some great effects. First it meant total 16 digits (2.1 quadrillion of units) with decimal in the middle (8+8) so it had more then enough place to grow in value. It ended up with brilliant results, could also with in types Double-precision, JSON-RPC and Js-BigInt. Another parameter is: \- difficulty adjustment period - but this is not relevant for total supply (was changed from 30 days in prerelease to 14 days/2w. aka 2016 blocks And finally, for those who likes numerology and looking for meaning in numbers to mention few interesting coincidences (or not : ): \- M2 money supply at the time around 20 Trillion $ (+2 decimal digits) \- 21 Blackjack Game \- 42 answer to everything (Hitchhiker's Guide to the Galaxy), so 21 is half solution (of many problems) \- Money for the 21st century \- All mined Gold in the world can fit into a cube of approximately 21 m3 space \- 21 Fibonaci num. \- 21 = 3 x 7 -> 3 weeks \- 21 Chromosome is the smallest autosome \- Courses 21 days, 21 lesson \- 21 year adult to drink alcohol in US

LORD_CORNHOLIO

This relay price cut is kinda big. How’s this math work? if it’s $14/m RPC and they do 500k RPC/d it’s only making like <$250/mo? And the price of RPCs is going down? But token will be burnt, and token is used to pay for RPC, so then price will go BACK up? COnfused lol

forgedwithai

Every project needs RPC, so if they can hit these prices and crypto continues to rip after these tariffs, that burn is gonna SEND this token. I don’t follow the “open data” thing as much, how’s that work?

Beginning_Service387

Even though it's been a while, I'll drop my take too. Scalping on CEX? Eh, it works. But on-chain is way better. I use [BananaGun ](https://bananagun.io/)to jump into fresh liquidity and get out fast. With a private RPC, it runs much smoother, especially when everyone’s rushing in on the same thing.

Familiar-Ad1629

[https://github.com/bitcoin/bitcoin/blob/master/doc/JSON-RPC-interface.md](https://github.com/bitcoin/bitcoin/blob/master/doc/JSON-RPC-interface.md) What's more important is the work you do before you download blocks. Make sure you have the right configurations because a wrong config will have you restarting indexing. I guess after you're finished downloading blocks you can check rpc commands are working, run getblockchaininfo to make sure blockchain is fully synced, check connection to peers, run a test transaction.

jawni

>The last outage was in January (3 months ago), the network cracked under the load of users trying to grab $Trump at its launch. It lasted hours. RPC's are what connect users to the chain, they aren't part of the chain... Network *was* fine. It never stopped processing blocks once. > It's a lie from Solana's team as always nah, just you lying.

kipoli99

depends on the blockchain, the general step by step would include something like generate transaction data that you desire, encode it in the form appropriate to your target blockchain, then depending on the chain digital signature algorithm you need to hash the encoded transaction and sign it with your private key. Then send the transaction data with the signature, as well as the meta-data like fees and transaction parameters into the blockchain node, either via RPC or API.

Mynameismikek

The maths required to generate the hashes isn't really doable by hand, but you can use something like [Foundry](https://book.getfoundry.sh) to send transactions from a command line (particularly using the "cast" tool). For EVM, each network node has a website listening for requests which are formatted a particular way called an RPC Server - this is what Metamask (or whatever your wallet is) talks to. The specific function you call on that site is called \`eth\_sendRawTransaction\` and it accepts the bytes that make up your signed transaction. The calculate those bytes you need (1) the address of the contract you're interacting with, (2) the signature of the call you want to make on that contract (e.g. "transfer(from, to,amount)") and (3) your private key. Combining those gives a signed transaction request the chain should accept, given you meet the constraints of the contract and the chain. You also need so send a few other details, like the gas limit, but they're kinda secondary. This is how a hardware wallet works. You send the contract address, the call signature and the parameters and it gives you the bytes back you send to eth\_sendRawTransaction.

No_Shower3743

Yes it can be done. I've sent thousands of transactions using Python. ChatGPT can write the code for you. You will need access to an RPC server to send your transactions to, some are free as well or run a node yourself.

Logical_Lemming

Not really. By default, we all submit our transactions to the mempool, where they sit until a miner chooses to include them in a block. Everyone can see this mempool and look for opportunities to sandwich attack people. No hijacking necessary. You can protect yourself by using custom RPC services like Flashbots Protect, which send your transactions straight to block builders (who generally promise to give you fair execution, trust me bro style) instead of publishing them to the mempool.

coinfeeds-bot

tldr; Cybersecurity researchers have identified a malicious Python package, 'set-utils,' on the PyPI repository that stole Ethereum private keys by impersonating popular libraries. The package targeted Python-based blockchain applications, intercepting private keys during wallet creation and exfiltrating them via Polygon RPC transactions to evade detection. It was downloaded 1,077 times before being removed from the registry. The attack highlights risks in software supply chains and the need for vigilance in package installations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Worth_Tip_7894

Why not just run a full node wallet for each chain you are interested in, no more secure way to interact with a blockchain. Just use some kind of way to manage the keys offline, like a hardware wallet, or just use RPC to build your own.

HSuke

Just playing devil's advocate. Most end users don't run participating nodes anyways. They use a 3rd aprty API to connect to a large centralized RPC node which then interacts with the blockchain. You'd need $100M of Bitcoin mining equipment or Ethereum staking to have a decent chance of producing 1% of blocks, so participating in block production is out of most people's ability for most blockchains anyways. So unless you have $10M on other blockchains, you're just pretending to participate in consensus. Personally, I think consensus decentralization is overrated. Safety, liveness, and anti-censorship are what ultimately matters to normal human beings and crypto users. Development decentralization is also important, but that's another topic, and only Ethereum qualifies for that.

Atyzzze

Ah, *Numerous_Wonders81* is doubling down, huh? Let’s break it apart piece by piece. ### 1. **"Single Canonical Implementation Is Common and Beneficial"** - *"Many robust blockchain networks (like Bitcoin Core) rely on one primary, well‑audited node implementation."* Ah, the classic "Bitcoin does it, so it's fine" argument. But Bitcoin’s **ossification** isn't a *feature*, it’s a *problem*. That’s why the blocksize wars were a nightmare—there was no alternative implementation to argue with Core’s decisions. Ethereum **avoided this trap** by ensuring **multiple independent clients**, making it resilient against **protocol stagnation and developer capture**. Algorand, on the other hand? **One client, one point of failure.** If a bug slips through, the entire network is vulnerable. Ethereum’s diversity of implementations **prevents a single exploit from taking down the entire system**. That's not a hypothetical; it’s happened before (like the Geth bug in 2021, where the network survived because other clients picked up the slack). ### 2. **"SDKs Are Not a Substitute for the Node—but They Serve a Different Role"** - *"Bitcoin has many language-specific libraries that simply wrap around Bitcoin Core’s RPC interface."* Yeah… and that’s why **Ethereum isn't Bitcoin**. Ethereum took the lessons Bitcoin refused to learn and evolved. SDKs being separate from the node is **obvious**, but that doesn’t change the fundamental issue: **Algorand lacks client diversity**. The whole "it's open-source, so someone *could* build another client" is theoretical nonsense until someone *actually does it*. Ethereum didn't wait for "maybe someday"—it built in resilience from the start. ### 3. **"Instant Finality" (LOL)** - *"Algorand’s innovative use of cryptographic sortition and a Byzantine Agreement protocol mathematically proves instant finality."* Oh, so they just rewrote how **information propagates** across networks? Must have missed that physics breakthrough. **Reality check**: *Rapid* finality is achievable (Ethereum is close), but **instant** finality? That’s just marketing fluff. The term itself is misleading—"finality" isn't just about a block being proposed; it’s about network-wide agreement. And agreement still takes time because **network propagation exists**. Ethereum’s finality window is fast (especially with Danksharding and PBS coming), and it achieves that **without sacrificing decentralization**. The tradeoff Algorand makes is centralization for speed—because it **has to**. ### 4. **"Room for Future Diversity"** - *"Alternative node implementations can—and likely will—appear over time."* Ah, the "trust me, bro" defense. **If it hasn’t happened yet, it doesn’t count.** Ethereum had multiple independent clients **from the start**. Bitcoin had **alternatives attempted** but rejected them. Algorand? Still waiting for that mythical second client. --- ### **Verdict** This is a classic case of trying to defend **structural centralization** as a "benefit." Every centralized blockchain makes the same arguments: *"our design makes things more efficient!"* Yeah, because it **sacrifices decentralization**. If you prioritize throughput over neutrality, **you're not a decentralized blockchain**—you’re just a fancy distributed database. Ethereum remains **the only functional, credibly neutral blockchain** with client diversity, resilience, and **actual** decentralization. Algorand? Still waiting to prove it’s more than just another narrative play. I'll change my mind the moment **multiple independent Algorand clients exist in the wild**. Until then, it's just a well-branded VC chain.

Numerous_Wonders81

While it’s true that Algorand’s open-source ecosystem includes many SDKs for various languages, it’s important to distinguish between SDKs—which are tools for interacting with the network—and the core node software that runs the consensus protocol. Here’s why the concern about “only one client implementation” misses the mark: Single Canonical Implementation Is Common and Beneficial: Many robust blockchain networks (like Bitcoin Core) rely on one primary, well‑audited node implementation. Having a single canonical client for consensus can actually reduce the risk of divergence or “forks” that can occur when multiple independent implementations interpret the protocol differently. Algorand’s “algod” node is open source, rigorously tested, and designed to meet high standards of reliability and security. SDKs Are Not a Substitute for the Node—but They Serve a Different Role: The multiple SDKs available in languages like Python, JavaScript, and Go aren’t intended to be alternative consensus clients. Instead, they serve as developer libraries to interact with the official node (via its API). This is analogous to how, for example, Bitcoin has many language-specific libraries that simply wrap around Bitcoin Core’s RPC interface. The fact that these SDKs ultimately point to the official installation doesn’t diminish the robustness of the underlying consensus protocol. Algorand’s Protocol Is Designed for Rapid Finality: The claim that “information takes time to spread and form consensus” overlooks Algorand’s innovative use of cryptographic sortition and a Byzantine Agreement protocol. These mechanisms are mathematically proven to achieve consensus rapidly and with instant finality once a block is approved. Multiple academic papers and independent audits have validated these properties. Room for Future Diversity: The ecosystem is still evolving. Algorand’s open-source nature means that alternative node implementations can—and likely will—appear over time. In the meantime, the single, well‑audited implementation provides stability and ensures that all network participants are working from the same codebase, which is crucial for security and consistency. Sources to Consider: Algorand White Paper: It thoroughly explains the consensus mechanism and demonstrates mathematically how instant finality is achieved. Official GitHub Repository: While the SDKs primarily provide interfaces for various languages, you’ll also find the official “algod” node implementation, which is actively maintained and audited. Comparative Analyses: Articles from reputable sources like CoinDesk or academic publications have detailed how Algorand’s approach differs from multi-implementation systems and why it’s effective. In summary, the presence of multiple SDKs confirms a vibrant developer ecosystem and does not equate to having multiple independent consensus clients. Having one well‑audited, canonical client for the core protocol is both common and advantageous—it helps ensure that consensus is reached reliably without the risks associated with divergent implementations.

Hungry-Class9806

They have RPC issues and go offline very frequently. Absolute garbage and the only reason it trends it's because of scams. Your hear "coins goes down 50% in the past 24 hours" and you can bet its on Solana.

RefrigeratorLow1259

Solana is pretty flawed, the ledger has to be stored off-chain in a Google big table, the size is increasing rapidly to c. 3000TB this year! - A primary centralization vector that defeats the whole idea of a Blockchain deployment . An RPC node ledger size limit is 2 epochs - so has to upload to the big table every 4 days. No public mempool means validators are the only parties to see pending tx's ...and you've guessed it, they can front run them etc. utilising scripted bots to profit excessively from MEV... So, Solana speed comes at the cost of centralization and security.

TLOBTC

Bitcoin Core, Lighyning Node (LND), BTC RPC explorer, Mempool.space, Zeus wallet, Sparrow Wallet 👍🏼

dotablitzpickerapp

Ahh, so it literally is just an LLM/Agent, with a guy controlling the wallet? Surely it's more than just that, are people that bad at tech? It wouldn't be hard to atleast give it RPC access to the wallet so it can move it's own coins as needed.

HmmFlavourz

Putting you all on some game right now, **Axiom** is going to be one of the biggest trading platforms (competing with Photon, BullX) within the next couple of weeks - mark my words. **-** Real-time X (Twitter) monitor (catch plays before the herd). **-** Built-in sniping & selling on migration (clears Bloom/Nova). **-** No more recycled X/Twitters (check if it's reused directly on-site). **-** HyperLiquid perps & yield farming (integrated, not patched on). **-** Custom RPC support (optimize speed). **-** Built-in wallet & position tracker (stop juggling 10 tabs). **-** Lower fees than anything else out there (BullX, Nova, etc.). **Sign-up early before literally everyone on Solana starts using it.** If you are one of the first users on a platform like this, you will reap significant rewards in the future. SIgnup code - "crypt"

etherenum

But you kind of do disagree if you still see value in BTC lol > I think the psychological utility of Bitcoin is the simplicity of the model and the direct calculation of the value of the depreciating hardware + energy yielding an easily tangible metric of security. But again, the simplicity is based on a hard cap supply meme, which inherently undermines the value until resolved. So people are operating off a set of false pretences, and just hoping that they can make some money and move on. > For example, once upon a time I created a startup to address the concern of using Infura like services for Ethereum RPC access. In my mind this was a huge security gap because the failure of a single entity put risk on the network as whole. I was positive that users would not accept this risk. Turns out users would accept that risk happily.  I agree with the sentiment here and actually interested to know more. Infura is embedded in Ethereum infrastructure, however I think there have been improvements recently. Generally in terms of diversity of infrastructure and codebase, Ethereum is the most diverse. >The point is just because it makes technical sense does not mean the market will respond rationally.  It's not even a technical point, though. Investing in something you know has a undefined shelf life makes it inherently risky. And whilst markets can behave irrationally, I believe a large part of it is due to not understanding and blatant misinformation. Bitcoin is marketed as 'simple' and part of the simplicity is the finite supply. But it's just not that simple. That's not a technicality, it's just a basic fact; we cannot be sure that there are only ever going to be 21M Bitcoin because it doesn't make sense. And likewise, thanks for the discussion.

AugmentedTrashMonkey

Once again I do not disagree with you. I think the big difference between Ethereum and Bitcoin, at this point, is about security of the underlying protocol. Both of them are secure at this time BUT finding the exact economic security line for Ethereum is actually much harder. This is because Ethereum does so much more and actually has to protect so much more total value than Bitcoin does at this time. Add up all of the assets in the Ethereum ecosystem and I am fairly positive you have a higher total value than the market cap of Bitcoin itself. This is testament to the fact that Ethereum has strictly higher utility. That utility comes with complexity though and complexity is (rightly or wrongly) viewed as form of risk. I think the psychological utility of Bitcoin is the simplicity of the model and the direct calculation of the value of the depreciating hardware + energy yielding an easily tangible metric of security. Does this actually make perfect sense in the real world? Probably not, but markets are not moved by technical experts that can read the fine print. For example, once upon a time I created a startup to address the concern of using Infura like services for Ethereum RPC access. In my mind this was a huge security gap because the failure of a single entity put risk on the network as whole. I was positive that users would not accept this risk. Turns out users would accept that risk happily. The point is just because it makes technical sense does not mean the market will respond rationally. We both know there are problems in Bitcoins future and you seem to not like the risk it may bring. I think that the psychological factors feed into the utility enough to matter for now. Thanks for an actual engauging conversation about the nuance of these things by the way... I don't meet many people that actually get it... nice to meet someone who does.

conceiv3d-in-lib3rty

Well it’s not that I disagree, I just RARELY hold shitters for that long though, rally or not and will gladly sacrifice extra gains for the guarantee of being completely out of my position with the profits from hitting my sell target. This strategy has worked exceptionally well for me the past 12-13 months now and I really do not have any incentive to switch up my set up at this point. The reason why I try to get in as early as possible isn’t because I think it’s necessary to be profitable, it’s so that I can hit my target quick(er), dump, move on to the next one and repeat. But at the same time I can definitely respect any strategy that is working for someone. I’ve also been renting an RPC node from DezNodes since March with my bot connected just for the same block, lighting fast trades. I actually have a decent sniper bot too, I just don’t typically target launches to take advantage of it and also find that most of these launches that are announced ahead of time are straight up dominated by snipers who have millions in capital to snipe with so there’s really no point from my personal perspective.

Hoppy-01

Agree. I am a Dad and that is good advice. Do not trust anyone. If someone says they need to use RPC calls to access your computer or anything remote to get to your computer, delete and block them.

MinimalGravitas

> it's never going to happen. Oh my sweet little newbie, it's already happening. Below is a list of mainstream adoption of Ethereum from just the last 3 months. We all get that you love your pet rock, but lets be real, all it does it get bought by Michael Saylor. No one uses the network for anything... On the other hand here are some examples of what has been built on Ethereum recently: * Nov 14 - **Franklin Templeton** FOBXX Fund, BENJI Token (Mainnet) * Nov 13 - **BlackRock** BUIDL Fund (Arbitrum, Optimism) * Nov 4 - **Robinhood** USDG Stablecoin (Mainnet) * Nov 4 - **Citi** CIDAP Platform (Mainnet) * Nov 1 - **UBS** uMINT Fund (Mainnet) * Oct 31 - **Franklin Templeton** FOBXX Fund, BENJI Token (Base) * Oct 28 - **RD Technologoes** Hong Kong Stablecoin HKDR (Mainnet) * Oct 22 - **Buenos Aires Digital Identity** (ZKsync) * Oct 21 - **Stripe** Bridge * Oct 3 - **SAP** Digital Currency Hub * Oct 2 - **Christie**’s Ownership Certificates (Base) * Sept 25 - **PayPal** Ethereum Trading & External Transfers For Businesses * Sept 25 - **Visa** VTAP RWA Platform * Sept 18 - **WisdomTree** RWA Platform (Mainnet) * Sept 18 - **Google** RPC Service * Sept 12 - **EVE MMO** Onchain Apps (Redstone) * Sept 10 - **PayPal** ENS Integration (Mainnet) * Sept 10 - **Venmo** ENS Integration (Mainnet) [shamelessly copied from https://ethereumadoption.com/ - all links/references available there]

j4c0p

add arbitrum nova network RPC

conceiv3d-in-lib3rty

Yeah, i’m well aware Arb’s slot times are faster than Solana’s, it’s just don’t know how well this translates to noticeable performance for the end user. As someone who trades for a living and has traded extensively on Solana, Base and Arbitrum, Solana has been the fastest and this is extremely important to me for the type of trading I do. I’ve ran RPC nodes on all 3 (and many other chains) and Solana’s performance has always been unmatched. I’ve yet to try Arbitrum Orbit though, but renting an RCP node from Deznodes on Solana is quite expensive and I really have no reason to switch at this point.

HODLBOY6

Research partnerships and not price action. Ankr is one with a low MC and you scratch your head on why it hasn't moved? AI coin In use today with 2 Trillion RPC calls annually On the Microsoft store Partnered to bring Tencent products to Web 3.0 The one of few that was invited to NVIDIA 24 AI conference The largest node provider globally for blockchain Etc

MinimalGravitas

Below is a list of mainstream adoption of Ethereum from just the last 3 months. We all get that you love your pet rock, but lets be real, all it does it get bought by Michael Saylor. No one uses the network for anything... on the other hand here are some examples of what has been built on Ethereum recently: * Nov 14 - **Franklin Templeton** FOBXX Fund, BENJI Token (Mainnet) * Nov 13 - **BlackRock** BUIDL Fund (Arbitrum, Optimism) * Nov 4 - **Robinhood** USDG Stablecoin (Mainnet) * Nov 4 - **Citi** CIDAP Platform (Mainnet) * Nov 1 - **UBS** uMINT Fund (Mainnet) * Oct 31 - **Franklin Templeton** FOBXX Fund, BENJI Token (Base) * Oct 28 - **RD Technologoes** Hong Kong Stablecoin HKDR (Mainnet) * Oct 22 - **Buenos Aires Digital Identity** (ZKsync) * Oct 21 - **Stripe** Bridge * Oct 3 - **SAP** Digital Currency Hub * Oct 2 - **Christie**’s Ownership Certificates (Base) * Sept 25 - **PayPal** Ethereum Trading & External Transfers For Businesses * Sept 25 - **Visa** VTAP RWA Platform * Sept 18 - **WisdomTree** RWA Platform (Mainnet) * Sept 18 - **Google** RPC Service * Sept 12 - **EVE MMO** Onchain Apps (Redstone) * Sept 10 - **PayPal** ENS Integration (Mainnet) * Sept 10 - **Venmo** ENS Integration (Mainnet) [shamelessly copied from https://ethereumadoption.com/ - all links/references available there] How long before people are buying BTC ETFs that run on Ethereum do you think? Because we've already got billions of dollars worth of tokenized bonds, treasuries, commodities etc. Bitcoin might well be digital gold, but gold makes up a tiny fraction of the world's financial system... and everything else will be running on Ethereum.

MinimalGravitas

The amount of mainstream adoption by huge companies like Blackrock, Visa and Sony is almost too much to keep up with. Just from the last 3 months... * Nov 14 - **Franklin Templeton** FOBXX Fund, BENJI Token (Mainnet) * Nov 13 - **BlackRock** BUIDL Fund (Arbitrum, Optimism) * Nov 4 - **Robinhood** USDG Stablecoin (Mainnet) * Nov 4 - **Citi** CIDAP Platform (Mainnet) * Nov 1 - **UBS** uMINT Fund (Mainnet) * Oct 31 - **Franklin Templeton** FOBXX Fund, BENJI Token (Base) * Oct 28 - **RD Technologoes** Hong Kong Stablecoin HKDR (Mainnet) * Oct 22 - **Buenos Aires Digital Identity** (ZKsync) * Oct 21 - **Stripe** Bridge * Oct 3 - **SAP** Digital Currency Hub * Oct 2 - **Christie**’s Ownership Certificates (Base) * Sept 25 - **PayPal** Ethereum Trading & External Transfers For Businesses * Sept 25 - **Visa** VTAP RWA Platform * Sept 18 - **WisdomTree** RWA Platform (Mainnet) * Sept 18 - **Google** RPC Service * Sept 12 - **EVE MMO** Onchain Apps (Redstone) * Sept 10 - **PayPal** ENS Integration (Mainnet) * Sept 10 - **Venmo** ENS Integration (Mainnet) [shamelessly copied from https://ethereumadoption.com/ - all links/references available these]

HSuke

Bitcoin Core is only a tiny, tiny part of the wallet code and RPC/node code.

HSuke

I'm sure you're constantly auditing your Bitcoin wallet code and its node RPC code. As well as running a checksum to ensure that your wallet app actually matches the code.

drunkmax00va

One way would be to scan every block/transaction and see if the output exists anywhere as an input, this would tell it has been spent, this could be done wit Bitcoin RPC

MinimalGravitas

What a wild take... > World moving on from ETH, In reality the amount of mainstream adoption by huge companies like Blackrock, Visa and Sony is almost too much to keep up with. Just from the last 3 months... * Nov 14 - **Franklin Templeton** FOBXX Fund, BENJI Token (Mainnet) * Nov 13 - **BlackRock** BUIDL Fund (Arbitrum, Optimism) * Nov 4 - **Robinhood** USDG Stablecoin (Mainnet) * Nov 4 - **Citi** CIDAP Platform (Mainnet) * Nov 1 - **UBS** uMINT Fund (Mainnet) * Oct 31 - **Franklin Templeton** FOBXX Fund, BENJI Token (Base) * Oct 28 - **RD Technologoes** Hong Kong Stablecoin HKDR (Mainnet) * Oct 22 - **Buenos Aires Digital Identity** (ZKsync) * Oct 21 - **Stripe** Bridge * Oct 3 - **SAP** Digital Currency Hub * Oct 2 - **Christie**’s Ownership Certificates (Base) * Sept 25 - **PayPal** Ethereum Trading & External Transfers For Businesses * Sept 25 - **Visa** VTAP RWA Platform * Sept 18 - **WisdomTree** RWA Platform (Mainnet) * Sept 18 - **Google** RPC Service * Sept 12 - **EVE MMO** Onchain Apps (Redstone) * Sept 10 - **PayPal** ENS Integration (Mainnet) * Sept 10 - **Venmo** ENS Integration (Mainnet) [shamelessly copied from https://ethereumadoption.com/ - all links/references available these]

MinimalGravitas

> What are results of this project? Endless list of useless projects/worthless projects or just plain scams. Substratum, Enigma, Gifto, CargoX, Wabi, Populous, Internxt, Salt, Waltonchain, etc just no name a few. You've cherry picked a bunch of crappy projects, but we could equally look at a list of mainstream adoption by huge companies like Blackrock, Visa and Sony. Just from the last 3 months... * Nov 14 - **Franklin Templeton** FOBXX Fund, BENJI Token (Mainnet) * Nov 13 - **BlackRock** BUIDL Fund (Arbitrum, Optimism) * Nov 4 - **Robinhood** USDG Stablecoin (Mainnet) * Nov 4 - **Citi** CIDAP Platform (Mainnet) * Nov 1 - **UBS** uMINT Fund (Mainnet) * Oct 31 - **Franklin Templeton** FOBXX Fund, BENJI Token (Base) * Oct 28 - **RD Technologoes** Hong Kong Stablecoin HKDR (Mainnet) * Oct 22 - **Buenos Aires Digital Identity** (ZKsync) * Oct 21 - **Stripe** Bridge * Oct 3 - **SAP** Digital Currency Hub * Oct 2 - **Christie**’s Ownership Certificates (Base) * Sept 25 - **PayPal** Ethereum Trading & External Transfers For Businesses * Sept 25 - **Visa** VTAP RWA Platform * Sept 18 - **WisdomTree** RWA Platform (Mainnet) * Sept 18 - **Google** RPC Service * Sept 12 - **EVE MMO** Onchain Apps (Redstone) * Sept 10 - **PayPal** ENS Integration (Mainnet) * Sept 10 - **Venmo** ENS Integration (Mainnet) [shamelessly copied from https://ethereumadoption.com/ - all links/references available these] The people building the future financial system are doing so on Ethereum, and if you want to use Ethereum, the ticker is ETH.

MinimalGravitas

Well from a UX perspective, using a rollup is almost identical to using an Alt-L1 like BSC or whatever. You have the same wallets, the same addresses, and dApps work in the same way. The real difference though is that rollups inherent Ethereum's security, which is, as you may already know, more expensive to successfully attack than even Bitcoin: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4727999 And also, in a worst case scenario, such as a rollup completely shutting down, you can still withdraw your funds back to Ethereum by making L1 transactions, as we have direct examples of now that dYdX's rollup has been discontinued: https://explorer.dydx.exchange/tutorials/escapehatch You can't do that when Solana or whatever shuts down. Finally, though it might not be something many people care about anymore, the entire point of why crypto is better than traditional finance is that you don't need to trust 3rd parties, you can verify things yourself. This means running a node. If you can't do that then not only can you not make transactions without trusting someone else's RPC, you can't even check your own balance directly. Are there any alt-L1s with cheaper transactions than Ethereum rollups that you are also able to run nodes so cheaply for? https://ethereum-on-arm-documentation.readthedocs.io/en/latest/user-guide/running-l2-clients.html

slicxx

Yeah meta dropped Diem and a couple of core members created Sui out of it. They've seen the main issues and navigated around them, especially focusing on developers. The Move language is really superior compared to solidity (but is so different, that one may not even compare it). The Sui network needs a lot of services created around it (e.g. more RPC providers) and has major tradeoffs (just think about centralization and requirements for being a staker), and that may also affect their throughput. I wouldn't "bet" on any crypto these days besides BTC and ETH long term. Other projects get an allocation in my portfolio, but this is also where it ends. All these projects have major potential drawdowns in the next couple of swings, so rebalancing your portfolio (especially if crypto are your main investment) makes a lot of sense to somewhat secure the presence of your earnings in the next swing

advias

Recommendation, learn how to use a RPC based wallet and use the blockchain directly (but take your time with this). When using [crypto.com](http://crypto.com), you are not using crypto, you're using a platform for buying and selling receipts of value. Not saying they will go down, but it's not worth the risk. Everyone thought Celsius, BlockFi, FTX, etc. were untouchable. Anything can happen.

PeerNameCom

The other option is that the transaction has a problem being accepted into the mempool. You can test this using the Bitcoin Core's RPC method `testmempoolaccept` to ensure everything is fine.

Tanixcrypto

Well, expecting a good bull from Ethereum here. If you are building dApps on ETH or L2 chains, check out Chainnodes for JSON RPC. Thank me later

HSuke

It's not a proposal. As with the other articles, it's just a research summary of ideas from numerous core developers about Verkle Trees and stateless clients that's been in discussion for many years. It's the idea that Ethereum can develop stateless thin clients where even a small mobile can validate a transaction on its own without needing to connect to an RPC.

aminok

Ethereum Onchain Rollup activity over the last week: | | | | | | | | | :-: | :-: | :-: | :-: | :-: | :-: | :-: | | # | | name | Past day TPS | Max TPS | 30D Count | Data source | | | | 1 | | Base | 66.21 | 73.31on2024 Oct 17 | 162.24 M-2.85% | Blockchain RPC | | 2 | | XaiL3 onArbitrum One | 61.42 | 140.30on2024 Jul 16 | 165.20 M-2.72% | Blockchain RPC | | 3 | | Taiko | 34.99 | 34.99on2024 Oct 22 | 49.56 M+27.0% | Blockchain RPC | | 4 | | Gravity | 27.47 | 69.45on2024 Aug 19 | 81.17 M-1.29% | Blockchain RPC | | 5 | | Arbitrum One | 21.32 | 58.97on2023 Dec 16 | 52.23 M-12.8% | Blockchain RPC | | 6 | | Scroll | 20.75 | 20.75on2024 Oct 22 | 13.10 M+157% | Blockchain RPC | | 7 | | PlayBlockL3 onArbitrum Nova | 18.79 | 18.94on2024 Oct 21 | 42.36 M+8.54% | Blockchain RPC | | 8 | | Ethereum | 13.67 | 22.69on2024 Jan 14 | 35.11 M-2.60% | Blockchain RPC | | 9 | | PoP ApexL3 onArbitrum One | 10.81 | 32.08on2024 Jul 04 | 30.93 M-14.5% | Blockchain RPC | | 10 | | OP Mainnet | 7.31 | 11.28on2024 Mar 27 | 23.09 M-33.0% | Blockchain RPC | | 11 | | PoP BossL3 onArbitrum One | 6.93 | 7.25on2024 Oct 15 | 16.75 M-4.44% | Blockchain RPC | | 12 | | Blast | 6.16 | 27.34on2024 Aug 21 | 18.29 M-25.6% | Blockchain RPC | | 13 | | WINRL3 onArbitrum One | 5.50 | 21.39on2024 Sep 12 | 15.55 M+28.1% | Blockchain RPC | | 14 | | ApeChainL3 onArbitrum One | 5.12 | 6.76on2024 Oct 20 | 1.38 M+>1K% | Blockchain RPC | | 15 | | Mantle | 3.73 | 25.47on2023 Dec 27 | 9.89 M+4.29% | Blockchain RPC | | 16 | | World Chain | 3.55 | 8.48on2024 Oct 18 | 4.23 M-11.0% | Blockchain RPC | | 17 | | Kroma | 2.84 | 12.58on2024 Sep 13 | 5.11 M+374% | Blockchain RPC | | 18 | | Linea | 2.48 | 55.69on2024 Mar 31 | 6.99 M+4.78% | Blockchain RPC | | 19 | | Swan Chain | 2.21 | 2.52on2024 Oct 21 | 3.89 M-4.55% | Blockchain RPC | | 20 | | Manta Pacific | 2.15 | 20.46on2024 Aug 16 | 7.62 M-12.1% | Blockchain RPC | via: https://l2beat.com/scaling/activity Coinbase's Base has maintained its top spot. The leading Based Rollup, Taiko, saw significant growth, while Scroll saw a massive surge in activity due to its airdrop.

MinimalGravitas

I mean... transactions costing less than $0.0005 seems pretty cost efficient though, right? https://optimistic.etherscan.io/tx/0xd346676daa0d00d083cc3e62d5f4730db80a8dbe83eba1a03f53cf2847fcc548 And the beauty of it is that it's even cost efficient for full nodes, both L1 and L2 clients can happily be run on $400 worth of hardware and regular domestic broadband, so you don't ever need to trust a 3rd party RPC or block explorer if you don't want to. $400 to directly connect to the network, $0.0005 for a transaction, and $34 billion to attack it... doesn't that seem pretty cost efficient to you?

4ipsina

I guess the brighter future really would happen when nodes are so light and easy to run that we can run them on smartphones for eg, without spending TBs of storage on it However for now using non-custodial third parties is not that bad. For eg RPC providers like GetBlock only allow you to connect to the blockchains and communicate with them via RPC calls. They do not validate your transactions track them or do anything with them basically, so all the validation happens on your end!!

coinfeeds-bot

tldr; Freedom Factory has introduced the 'dGen1', a mobile device designed for the Ethereum ecosystem. Built on the ethOS operating system, a fork of Android, the dGen1 allows users to interact with Web3 applications and sign Ethereum transactions. It features a built-in web browser, touch screen, and a separate screen for transaction metadata, but lacks telecommunication capabilities. A notable feature is its light node client, eliminating the need for third-party RPC nodes. The device is set to ship in Spring 2025. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Sweet-Summer-9772

if I'm in your position right now I will install all related software (OS, libraries, Bitcoin Core etc) with the same release of your wallet version (2011). I'll refactore related Bitcoin Core (version 0.3.24) codes to be vulnerable against padding oracle and timing attack. utilize existing OpenSSL exploit (that was released around 2011). when the build success activate the RPC (bind 0.0.0.0) in your bitcoin.conf file. prepase another laptop or PC, install it with BlackArch Linux. utilize this laptop to perform padding oracle & timing attack against the PC where your bitcoin node deployed. this approach required intermediate skill in the field of software engineering and pentesting. if you don't have any experience at all it will be take time to learn this approach. 

Somebody__Online

lol it’s possible for a bot to execute your orders and for an AI to give the command to the bot, but this is crazy foolish. They need to run their own ai model, own RPC end points for the bots and have the capital to fund the RnD portion of fine tuning the performance. If they don’t know how to code the bot themselves or what a private RPC end point is without a google search then tell them not to try. They are “skipping ahead of the class” and will be in over their heads faster than you currently are

vanbagger

ANKR. Before you say shitcoin, they are deeply intertwined in crypto service support with RPC’s, so the company is very solid, They are soon launching their own blockchain to bring support to the token utility.

MaximumStudent1839

> **The Top 18 validators control +33% of the entire staked Solana supply, meaning they can collaboratively block consensus and censor transactions.** I can bet you this is probably true for most of the top 20 chains. I won't disagree it is a problem. But it is not just a Solana problem. > **5 million daily active users is a myth, 4.5 million of these hold 0 SOL, and much more hold < 1, they are created with an intention to inflate metrics,** notice the large uptick in August, also 1 user(bot) could technically have 4 million wallets. Mert is probably one of the most outspoken critics of using the number of active wallets to measure DAU. It is a bullshit metric pushed by every other chain too, and more importantly, ETH L2s. It is dishonest to say Solana is pushing this metric when one of its most outspoken supporters disparages this metric. > **RPC endpoint architecture allows operators to reorder transactions and front-run.** The vast majority of chains have a problem opening for front-running and reordering. It is a problem the industry needs to address. But to call it a Solana-specific problem is absolute bullshit. > **75.72%** of all transactions through Jupiter are failing Most is coming from swapping high volume memecoins. If you aren't trading them, the failure rate won't impact you because of how Solana processes transactions in parallel. > Voting consensus transactions & failed transactions massively bloat the blockchain size, State pruning will happen for all blockchains eventually.

Somebody__Online

For point 7, are you talking about the actual RPC infrastructure for running your one end point, or are you saying public end points can be front run? Public end points on EVM chains are not super usable for high frequency activities either.

MrTrendizzle

You can get 1Mx if you ask ChatGPT to create an RPC. RugPullCoin is known for making the creator super rich in a very short amount of time by investing in a few adverts and social media influencers.

Automatic-Newt-9018

Dear friend, there may be many reasons why. The Ethereum RPC code is what is used to determine the price. It can also be manipulated to show a higher price. Bear in mind, What is happening to you is also happening to many other users, including myself. I personally think it is because on some exchanges, the token is trading for more than the price is listed on the DEX. I checked the token code at GOPLUS.labs token security and it seems to be a normal token. On the other hand, usually when a token is showing a price that is above way normal, it tends to be a scam. However, I do not think that this is the case with this one in particular because I really did scan it on GOPLUS.labs token security and it did look normal. Do not give anyone your seed, do not give anyone your secret key, and always check the URL of the sites you connect to. Do not lose your tokens.

MinimalGravitas

In my opinion the most important 'cypherpunk value' in crypto is trustlessness, referring to the ability to use a chain directly, without relying on 3rd parties. Practically speaking, this means being able to run a node and connect to the network. If you can't do that then you can't even check your balance or make a transaction yourself. If you can only connect your wallet to an RPC run by someone else, then you are relying on their permission to make your transactions. If your only way to check your onchain assets is with a blockchain explorer then you are just trusting them to be honest. Luckily, lots of chains' have very low requirements for running nodes, both in terms of hardware (e.g. cheap machines like Raspberry Pi 4s) and more importantly low internet bandwidth requirements (e.g. regular domestic broadband). These include Bitcoin, Ethereum, Cardano, Polkadot, Cosmos, Litecoin, Monero and pretty much all of Ethereum's L2s (e.g. Arbitrum, Optimism, Starknet) and sidechains (Gnosis and Polygon). Of the networks that are effectively impossible to run nodes for, some have very high bandwidth and hardware requirements, such as Solana (which requires a 1GB/s connection, upspeed as well as download); and even worse some networks are totally permissioned, like Hedera where only about 30 entities in the world are allowed to use the chain directly. There are lots of other aspects to cypherpunk values as they relate to crypto, if you can't even connect to the chain then you've given the whole idea up completely.

coinfeeds-bot

tldr; The Base mainnet experienced degraded performance, causing transaction delays. The issue was identified, a fix was implemented, and the situation is now resolved. The incident affected various services including Public RPC API, Deposits, Withdrawals, Batch submission, and Block production. Updates were provided as the situation progressed, with the final resolution posted on September 21, 2024. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Google Cloud has launched an Ethereum-compatible Remote Procedure Call (RPC) service to enhance blockchain development and interaction with blockchain data. Announced on September 17, the service supports Ethereum mainnet and testnets, providing a cost-effective alternative to managing node infrastructure. It aims to improve RPC reliability, crucial for decentralized applications (DApps), by leveraging Google's infrastructure. The service is compatible with the JSON-RPC standard and offers a free tier, supporting up to 100 requests per second and 1 million requests per day. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Google Cloud has launched a new Blockchain Remote Procedure Call (RPC) service, initially supporting Ethereum. The service aims to simplify blockchain interactions for developers, offering a scalable and cost-effective solution. It includes a free tier with up to 100 requests per second and is compatible with the Ethereum JSON-RPC standard. Google plans to expand support to additional blockchain networks. The service is designed for a range of users, from startups to large enterprises, and is now available globally in preview. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

kirtash93

TLDR; - Google Cloud has launched a new Blockchain Remote Procedure Call (RPC) service. - The service offers up to 100 requests per second and is initially compatible with Ethereum. - It provides a scalable, cheaper, and reliable solution for developers to interact with blockchain data. - The free tier supports up to 100 requests per second and enables the development of real-time and data-intensive applications. - Google Cloud plans to expand the service to several additional blockchain networks over the next year. - The service is now available in preview globally, offering enterprise-grade reliability and cost-effectiveness.

conceiv3d-in-lib3rty

>You’re essentially the guy who walked into a casino won the jackpot and now equating gambling slots and winning to investing on Nvidia per AI era. Lol i’m literally not though bro. Go thru my comment history in r/Solana and see how hard I pick this shit apart. The whole shitcoin space is one giant trash heap, meticulously designed to extract maximum exit liquidity from naive newcomers to crypto. It serves zero real world value and the whole crypto space would be better off without it. That being said, in order to remain profitable in this sub-niche, one must take as much of the “gambling” aspect out of their workflow as humanly possible. If your trades are not deliberant and calculated, you will end up losing money or you’ll just be a shitty trader. I would say 95% of my workflow consists of research, building/updating scripts, insanely thorough wallet tracking endeavors, spreadsheet hell on earth, etc with the last 5% going to the actual trading. Not only that, but you essentially need to be on call, tracking the news cycle 24/7 looking out for the next “high quality” current event meme that some regard is going to choose to name his shitcoin, just to be as early as possible. A lot of this can be automated and monitored of course, but still. I say all this to say there is very little gambling going on, in my setup at least. >But now that the Solana scammers have got bots that are instantaneous. Bro all my bots are instantaneous as well though, ran through my own private RPC node. My monitors are too. This is just another (expensive asf) prerequisite for maintaining profitability in this space. Everything else here is on point. I feel like I say this at least 3+ times a day, that not only should crypto newcomers and people with minimal experience avoid the memecoin space like the plague, but also anybody else who isn’t willing to put in the effort and dedication that is required in order to be consistently profitable. Bro I damn near share your exact sentiment regarding the shitcoin space and im actively engaged in the shit with some mild success. The only point of my response was to offer my perspective as someone who has spent 1000s and 1000s of hours grinding, trying to perfect my setup and strategies. The exact opposite of playing slots.

0xpolygonlabs

Ankr has been a core provider of RPC services to many dApps and users in the Polygon community. We expect that to continue to be the case.

0xpolygonlabs

Ankr has been a core provider of RPC services to Polygon Labs and many dApps and users in the Polygon community. We expect that to continue to be the case.

jawni

Actually the opposite. I mean an RPC *could* hypothetically front-run you(on most chains, not just Solana) but Mert's company actually working to prevent/mitigate front-running. >MEV-protected RPC endpoints: These endpoints allow users to receive a portion of the proceeds derived from their order flow as rebates. Searchers bid for the right to backrun your transaction and bid an associated rebate, which gets paid back to the user (less any fees). Such endpoints are typically governed by trusting the counterparty running the endpoint to ensure that no front-running or sandwiching is occurring. https://www.helius.dev/blog/solana-mev-an-introduction#reducing-the-mev-surface-area

jawni

1. Front-running is a common issue on many chains, not just Solana. [There are improvements being worked on](https://www.helius.dev/blog/solana-mev-an-introduction#reducing-the-mev-surface-area), but mostly you can mitigate this just by setting slippage low. I'd be curious to see the numbers, but clearly OP did not feel like including any actual data sources. Here is what I found for Ethereum: https://eigenphi.io/mev/ethereum/sandwich 2. [Most users do not deal with many failed transactions, 8% is the theorized failure rate for normal users](https://x.com/smyyguy/status/1781148253284929589) (a user manual transacting) and includes user error, like setting slippage to tight or trying to interact with an invalid contract. Additionally paying for a failed transaction would be a negligible amount. [The average fee in general on Solana is 0.000005855983167446366 which is 2 cents, the median fee is 0.000005855983167446366 which would be a tiny fraction of a penny.](https://dune.com/queries/3783516) Even a real user making 5000 transactions a year, failing at the expected rate(400 failures), would only spend 8 dollars on failed txns using the average, and using the median fee it would be only **34 cents**. 3. 4 hours in Feb 24, 19 hours in Feb 23, 8 hours in Sep 23 (overnight to Oct 1st), 4 hours Jun 22, 8 hours in Apr 22 (overnight to May 1st), 17 hours in Sep 21. That is every "Major Outage" from https://status.solana.com/uptime . That equals 60 hours since mainnet launched in March 2020, so that averages to an uptime of **99.9984%**. (60 hours = 3600 minutes -> 3600/(53 months worth of hours of uptime)= .00155% downtime / 99.9984% uptime). Also keep in mind that downtime has become far more infrequent recently with only 4 hours over the last year, which would be **99.9995%** 4. I can't tell if this is just a rehash of point 1 or if they think this is an actual issue or if they conflated something else. Never heard of any RPC endpoints frontrunning, in fact it's generally the opposite, RPC endpoints that save you from front-running. It was briefly reference in the first link about MEV: https://www.helius.dev/blog/solana-mev-an-introduction#reducing-the-mev-surface-area 5. ok? It's a label that is arbitrary to most people because it only really applies to the software aspect and plenty of things in crypto that haven't been labeled beta have been far more beta-like. This reads more like a "Did You Know?" than a FUD piece, maybe Dave should sell some of his ADA for an editor and he could avoid this in future FUD tweets. 6. Not really. You need a decent chunk of money especially for the SOL itself but [Solana has had no trouble getting a globally distributed and decentralized validator set](https://images.squarespace-cdn.com/content/v1/63857484f91d71181b02f971/d7405223-b2b7-4790-8356-e80636e1b5f9/image5.png?format=2500w). Hardware requirements are coming down as the software gets optimized. Being a block-producing validator is likely not going to be a realistic proposition for most individuals whether it be on Solana or Ethereum, most chains are trending towards scaling with centralized block production and decentralized data validation. 7. You could easily check this on any of the wonderful Solana explorers to see they were lying. This was by far the easiest lie of the post to fact check, because if you know crypto at all, you should know how to find this on any chain and it's available straight from the chain in a multitude of places. There are no good excuses for believing this bit of FUD, you're either a typical /r/cryptocurrency subscriber who took it hook, line, and sinker, or you know it's false and are knowingly spreading a lie. Current TPS is around 700, which is quite nice. 8. That's literally just the inflation rate and some minor unlocks, which is publicly available information. Maybe this is shocking to some very uninformed people who don't realize that every blockchain is paying millions for economic security. Inflation is constantly lowering until it hits 1.5% and most unlocks are done. https://messari.io/project/solana/charts/supply https://solanacompass.com/tokenomics 9. This was done because their was misaligned incentives and unsurprisingly it's far less cut and dry than you suggest here. In fact much of the support behind it was because it actually helped smaller validators. Feel free to read the discussion here: https://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456 10. Admirable that you would continue to try the FTX FUD. Selling of this started happening almost half a year ago and is being done by auction. Not going to have much affect on markets. https://www.theblock.co/post/285269/galaxy-locked-sol-sale-ftx-estate https://twitter.com/search?q=sol%20ftx%20(from%3Amcagney)&src=typed_query BONUS from a previous time OP posted: https://np.reddit.com/r/CryptoCurrency/comments/135j14c/it_is_amazing_how_much_of_the_dirt_is_on_solana/jil0h9y/

jawni

1. Front-running is a common issue on many chains, not just Solana. [There are improvements being worked on](https://www.helius.dev/blog/solana-mev-an-introduction#reducing-the-mev-surface-area), but mostly you can mitigate this just by setting slippage low. I'd be curious to see the numbers, but clearly OP did not feel like including any actual data sources. Here is what I found for Ethereum: https://eigenphi.io/mev/ethereum/sandwich 2. [Most users do not deal with many failed transactions, 8% is the theorized failure rate for normal users](https://x.com/smyyguy/status/1781148253284929589) (a user manual transacting) and includes user error, like setting slippage to tight or trying to interact with an invalid contract. Additionally paying for a failed transaction would be a negligible amount. [The average fee in general on Solana is 0.000005855983167446366 which is 2 cents, the median fee is 0.000005855983167446366 which would be a tiny fraction of a penny.](https://dune.com/queries/3783516) Even a real user making 5000 transactions a year, failing at the expected rate(400 failures), would only spend 8 dollars on failed txns using the average, and using the median fee it would be only **34 cents**. 3. 4 hours in Feb 24, 19 hours in Feb 23, 8 hours in Sep 23 (overnight to Oct 1st), 4 hours Jun 22, 8 hours in Apr 22 (overnight to May 1st), 17 hours in Sep 21. That is every "Major Outage" from https://status.solana.com/uptime . That equals 60 hours since mainnet launched in March 2020, so that averages to an uptime of **99.9984%**. (60 hours = 3600 minutes -> 3600/(53 months worth of hours of uptime)= .00155% downtime / 99.9984% uptime). Also keep in mind that downtime has become far more infrequent recently with only 4 hours over the last year, which would be **99.9995%** 4. I can't tell if this is just a rehash of point 1 or if they think this is an actual issue or if they conflated something else. Never heard of any RPC endpoints frontrunning, in fact it's generally the opposite, RPC endpoints that save you from front-running. It was briefly reference in the first link about MEV: https://www.helius.dev/blog/solana-mev-an-introduction#reducing-the-mev-surface-area 5. ok? It's a label that is arbitrary to most people because it only really applies to the software aspect and plenty of things in crypto that haven't been labeled beta have been far more beta-like. This reads more like a "Did You Know?" than a FUD piece, maybe Dave should sell some of his ADA for an editor and he could avoid this in future FUD tweets. 6. Not really. You need a decent chunk of money especially for the SOL itself but [Solana has had no trouble getting a globally distributed and decentralized validator set](https://images.squarespace-cdn.com/content/v1/63857484f91d71181b02f971/d7405223-b2b7-4790-8356-e80636e1b5f9/image5.png?format=2500w). Hardware requirements are coming down as the software gets optimized. Being a block-producing validator is likely not going to be a realistic proposition for most individuals whether it be on Solana or Ethereum, most chains are trending towards scaling with centralized block production and decentralized data validation. 7. You could easily check this on any of the wonderful Solana explorers to see they were lying. This was by far the easiest lie of the post to fact check, because if you know crypto at all, you should know how to find this on any chain and it's available straight from the chain in a multitude of places. There are no good excuses for believing this bit of FUD, you're either a typical /r/cryptocurrency subscriber who took it hook, line, and sinker, or you know it's false and are knowingly spreading a lie. Current TPS is around 700, which is quite nice. 8. That's literally just the inflation rate and some minor unlocks, which is publicly available information. Maybe this is shocking to some very uninformed people who don't realize that every blockchain is paying millions for economic security. Inflation is constantly lowering until it hits 1.5% and most unlocks are done. https://messari.io/project/solana/charts/supply https://solanacompass.com/tokenomics 9. This was done because their was misaligned incentives and unsurprisingly it's far less cut and dry than you suggest here. In fact much of the support behind it was because it actually helped smaller validators. Feel free to read the discussion here: https://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456 10. Admirable that you would continue to try the FTX FUD. Selling of this started happening almost half a year ago and is being done by auction. Not going to have much affect on markets. https://www.theblock.co/post/285269/galaxy-locked-sol-sale-ftx-estate https://twitter.com/search?q=sol%20ftx%20(from%3Amcagney)&src=typed_query BONUS from a previous time OP posted: https://np.reddit.com/r/CryptoCurrency/comments/135j14c/it_is_amazing_how_much_of_the_dirt_is_on_solana/jil0h9y/ tagging OP /u/cascading_disruption

etj103007

Its funny because most of the things they mentioned (front running due to slippage, validator cost, RPC, transaction failure) can be applied to Ethereuem

shadowdax

>Bots constantly extract and **front-run users that have slippage.** This is true of all blockchains. Ethereum also suffers from sandwich attacks and MEV. It tends to be more difficult to execute on Solana because 1) There is no mempool built into the protocol and 2) Block times at around 350ms are much faster and you have a smaller window of time to execute. >Transactions fail if you don't have enough slippage, and **users still have to pay for the failures.** It's true, if you set your slippage to say 0.1% and the price is outside of your slippage range, your transaction will fail at the \*application level\* (the DEX), and having used compute on the cluster to establish that it failed, you will be charged for it. This is true of all blockchains. In the case of Solana, it will cost you a fraction of a cent. Partly this is why there are so many application-level "failures" - because it doesn't cost you (or bots) very much to attempt a trade with tight slippage. >The blockchain has at least **12 major outages so far.** It has had 7 halts of consensus. The Solana status page also includes things like heavy congestion, which are not outages. Every bug has been found and fixed along the way. This is why (see below) it has the "beta" tag. It is still very much being developed, unlike say Bitcoin where the protocol is ossified. In other news, SpaceX has blown up a lot of rockets on its way to dominating the launch industry. 1. Companies that run RPC endpoints can front-run you. True of every single blockchain that has an RPC. Obviously. They can see your transaction arrive, hold it, and send their own to front run you. >Solana has been **officially in beta 4.5 years so far.** It's a completely arbitrary designation that can be removed at any time. Anatoly when questioned recently suggested a good time to remove it might be the Firedancer launch when multiple clients will be live. He can't decide himself to do it, since he isn't the "CEO of Solana", just the foundation. >To become a **validator** you **need to be extremely wealthy.** To run a node on Ethereum requires a minimum 32 ETH (85K USD). Solana has no minimum, but you do have to vote which costs around 1 SOL a day (\~$140), and once you add hosting and hardware costs you need around 80,000 - 100,000 staked SOL to break even. Roughly $10 million USD. But note: this doesn't have to be your SOL. The idea is to attract third party stake. The Solana Foundation itself runs a program (https://solana.org/delegation-program) where they stake-match to help validators get started. (cont'd)

mikeneedsadvice

According to AI: Here's a breakdown with truth and danger scores for each point. ### 1. **Bots constantly extract and front-run users that have slippage.** - **Truth Score:** 8/10 - **Danger Score:** 7/10 - **Explanation:** Front-running by bots is a known issue in many blockchain environments, including Solana. It's fairly accurate, though the specifics can vary based on the platform. The danger lies in losing money due to these actions. ### 2. **Transactions fail if you don't have enough slippage, and users still have to pay for the failures.** - **Truth Score:** 9/10 - **Danger Score:** 6/10 - **Explanation:** It's true that transactions can fail if slippage tolerance isn't set correctly, and users do often pay for failed transactions. The danger is moderate because the fees can add up, but they are generally small. ### 3. **The blockchain has had at least 12 major outages so far.** - **Truth Score:** 7/10 - **Danger Score:** 8/10 - **Explanation:** Solana has experienced several outages, though the exact number might vary. The danger is significant as outages can disrupt users' ability to transact and harm confidence in the network. ### 4. **Companies that run RPC endpoints can front-run you.** - **Truth Score:** 5/10 - **Danger Score:** 6/10 - **Explanation:** While it's possible for entities controlling RPC endpoints to manipulate transactions, it's not a widespread or easily proven problem. The danger is there but might be overstated. ### 5. **Solana has been officially in beta 4.5 years so far.** - **Truth Score:** 9/10 - **Danger Score:** 3/10 - **Explanation:** Solana has been labeled as "beta" for an extended period, which is true. However, the danger is low as "beta" status in blockchain projects doesn't always correlate with instability. ### 6. **To become a validator you need to be extremely wealthy.** - **Truth Score:** 7/10 - **Danger Score:** 5/10 - **Explanation:** Becoming a validator on Solana does require significant resources, but "extremely wealthy" might be an exaggeration. The danger is moderate due to the centralization of power. ### 7. **Their TPS is marketed wrong, it's not 3000 TPS, they include voting and failed transactions in this marketing to fool you, it's actually about ~250 TPS.** - **Truth Score:** 6/10 - **Danger Score:** 6/10 - **Explanation:** The TPS numbers for Solana are often debated, with some truth to the claim that the advertised number includes non-transaction activity. However, the real TPS might be higher than 250. The danger is in misleading marketing. ### 8. **Solana circulating supply increased by 59.09 million over the last year which means they printed $8.5 billion.** - **Truth Score:** 8/10 - **Danger Score:** 7/10 - **Explanation:** The increase in circulating supply is likely accurate, which does impact the value of SOL tokens. The danger is that this could lead to inflationary pressure on the token's value. ### 9. **Recently there was a vote passed for validators (the rich) to get 100% of high priority transactions.** - **Truth Score:** 5/10 - **Danger Score:** 7/10 - **Explanation:** While there may be elements of truth regarding validators getting preferential treatment, the claim that they get "100%" of high-priority transactions is likely exaggerated. The danger lies in potential centralization and unfair advantages. ### 10. **$7.5 billion SOL is continued to be sold-off by FTX, a major unlock occurs in March 2025, and continued unlocks every month up till 2028.** - **Truth Score:** 7/10 - **Danger Score:** 8/10 - **Explanation:** FTX's sell-off of SOL and the upcoming token unlocks are grounded in truth, though the exact figures might vary. The danger is significant as large sell-offs can depress the price and create volatility. These scores are based on available information and general knowledge about Solana and blockchain technology. They might not reflect the latest developments or specific insider knowledge.

hanniabu

> Companies that run RPC endpoints can front-run you. Aka Mert

jawni

how many different reasons do you need? * It has product market fit in multiple areas, memecoins, NFT's, DePIN, payments, also has plenty of DeFi, great infrastructure like good RPC's and wallets. * It has some of the most meaningful partnerships in crypto, including but not limited to Stripe, Paypal, Visa, Shopify, AWS, Mastercard * Onchain metrics are now competing with ETH, and far above any other chain. * Easily the most likely candidate for the next ETF. Already multiple applications filed for it. (likely won't come soon without regulatory changes but the hype will linger) * Monolithic design choice is the antithesis to the sprawling expansion of ETH. As more L2's pop up, ETH becomes more and more fragmented, which makes Solana's design choice much more appealing. * Plenty of tech developments in the pipeline, we just saw Blinks get implemented, zk Compression from Light Protocol, multiple new clients in the works with Firedancer being the most anticipated. * Solana has always been very development focused, so their hackathons are always very popular and like the last bullet point alludes to, there is always a lot being built. * And this isn't a Solana thing but a market thing: People are getting more bearish on ETH... and there isn't even another smart contract coin in the same ballpark as SOL or ETH. TON has some steam, but I think it's leaning heavily on it's assocation with Telegram rather than any fundamentals. Other than that, I don't see much options for people to rotate into besides SOL.

IWorkForStability

Lol this is great I don't think most people realize they are trusting some random RPC provider to access their trustless blockchain network Literally just posted an article about this in my Reddit profile

_etherium

This is not compression, this is a validium which is a less secure flavor of a rollup. Compression means you can squish all the data into a box but later retrieve the data from the box (L1 state). "ZK Compression" cannot retrieve the data from the box. Instead, the data was stored off-site in a cheaper box (calldata) but you need a delivery man (outsource trust from blockchain to RPC providers unless you want to run a full node which is probably going to cost tens of thousands of dollars a year for a data center) to ship it to you. This is probably fine for lower security items. Of course, the Solana guys will gaslight everyone into thinking this is brand new and the best thing since sliced bread to avoid giving Ethereum credit for a modular, rollup centric roadmap and then when the Ethereum guys descend from their farcaster castle to call them out on it, the Solana guys will further gaslight everyone into thinking the Ethereum guys are ivory tower elites that only do research even though one thousand rollups are already deployed on Ethereum. And then the Solana guys will say the rollups are multisig which is true until the rollups drop their training wheels and get rid of the useless VC governance tokens. And repeat with the next twitter post. This is the best entertainment on the internet. Never change, crypto.

MinimalGravitas

> 1gb fiber is pretty much the defacto standard here Where is 1GB/s upload speed the standard? Down, sure, but up-speed I don't really believe that's normal anywhere. > However I wasn't talking so much about hardware cost as I meant the minimum stake You don't need to stake any ETH to run an Ethereum node/RPC.

MinimalGravitas

> in fact I can spin up a validator node in my house right now if I want to, quite easily, and cheaper than an ethereum node My Ethereum node runs on a Rock 5b board, connected to normal domestic fibre. It cost about $400 in hardware if you include the SBC, SSD, power supply, case and fan. For Solana you need 1GB/s upload speed, which is not even an option for regular connections here and it needs 4x more RAM than my VR gaming rig... if you have a spare machine with that much RAM that you can use 'right now' then that puts you in the extreme minority. > Internet service should be at least 1GBbit/s symmetric, commercial. 10GBit/s preferred. https://docs.solanalabs.com/operations/requirements#networking > RAM: 256GB or more https://docs.solanalabs.com/operations/requirements#networking And if you want to actually use the node to connect your wallets to, post transactions, check balances etc you need double that amount of memory... https://docs.solanalabs.com/operations/requirements#rpc-node-recommendations My Rock 5b is powerful enough to not just act as an RPC for Ethereum, but I've got an Optimism RPC node running on it too... again, for $400, on regular fibre broadband.

aminok

Ethereum Layer 2 activity over the last week: | | | | | | | | | | :-: | :-: | :-: | :-: | :-: | :-: | :-: | :-: | | # | | Name | Past day TPS | 7d Change | Max daily TPS | 30D Count | Data source | | 1 | | Xai | 111.37 | +459.53% | 111.96on 2024 Jun 18 | 60.82 M | Blockchain RPC | | 2 | | Base | 36.84 | +2.55% | 36.99on 2024 Apr 08 | 75.87 M | Blockchain RPC | | 3 | | Arbitrum One | 26.52 | +10.80% | 58.97on 2023 Dec 16 | 61.05 M | Blockchain RPC | | 4 | | Proof of Play Apex | 21.18 | +115.65% | 21.18on 2024 Jun 19 | 28.28 M | Blockchain RPC | | 5 | | Ethereum | 13.05 | -7.89% | 22.70on 2024 Jan 14 | 34.77 M | Blockchain RPC | | 6 | | Taiko | 11.79 | +65.45% | 11.79on 2024 Jun 19 | 9.14 M | Blockchain RPC | | 7 | | Blast | 11.69 | +18.22% | 11.69on 2024 Jun 19 | 22.81 M | Blockchain RPC | | 8 | | ZKsync Era | 9.17 | +43.38% | 62.07on 2023 Dec 16 | 20.08 M | Blockchain RPC | | 9 | | Mantle | 7.07 | +2.71% | 25.47on 2023 Dec 27 | 12.75 M | Blockchain RPC | | 10 | | OP Mainnet | 5.55 | -14.44% | 11.29on 2024 Mar 27 | 15.34 M | Blockchain RPC | | 11 | | Linea | 4.91 | -7.17% | 55.70on 2024 Mar 31 | 21.07 M | Blockchain RPC | | 12 | | Scroll | 3.66 | +8.00% | 6.50on 2024 May 09 | 8.94 M | Blockchain RPC | | 13 | | zkLink Nova | 2.22 | +0.58% | 3.69on 2024 May 13 | 5.70 M | | | 14 | | ApeX | 2.12 | -5.20% | 3.24on 2024 Feb 22 | 5.53 M | Closed API | | 15 | | Mode Network | 2.04 | -18.07% | 6.03on 2024 May 07 | 6.00 M | Blockchain RPC | | 16 | | Kroma | 2.01 | +294.69% | 3.77on 2024 Jan 28 | 3.65 M | Blockchain RPC | | 17 | | Immutable X | 1.82 | -2.95% | 39.35on 2022 Mar 11 | 4.87 M | Closed API | | 18 | | Zora | 1.71 | +2.38% | 12.81on 2024 Apr 09 | 3.18 M | Blockchain RPC | | 19 | | Starknet | 1.36 | +91.18% | 12.30on 2024 Feb 20 | 2.33 M | Blockchain RPC | | 20 | | Cyber | 1.04 | +223.96% | 3.90on 2024 May 01 | 2.35 M | Blockchain RPC | source: https://l2beat.com/scaling/activity The last week saw significant growth in Layer 2 activity. Xai has come out of nowhere to take the top spot amongst Ethereum Layer 2 transaction processors.

MinimalGravitas

I use 'Frame' mostly, but your best bet is to use https://ethereum.org/en/wallets/find-wallet/ to search for ones that meet your personal requirements. For me that means: * Open source; * Allows importing/exporting of private keys; * Allows connecting to a local node rather than 3rd party RPC; * Works on Linux; * Works for any EVM L2. That link lets you filter by whatever is important to you and provides the legitimate links so you don't accidentally download a fake wallet.

Easy_Tangerine_1143

What kind of wallet files, there's only one good one and that's wallet.dat, right? How do I check if it has multiple addresses on it, via bitcoin core/RPC console? And some kind of command '' listaddressgroupings''

flibux

I just checked and it doesn't work. I have RPC enabled and my other apps can connect flawlessly so I know it's not my node...

pwuille

Descriptor wallets support everything legacy wallets supported, and much more; that includes old P2PKH addresses with uncompressed public keys. I think you're falsely equating "legacy wallet" with "legacy addresses", which are unrelated concepts (there is no such thing as legacy private keys - Bitcoin has only ever supported one type of private keys). The thing that does change with descriptor wallets is that you need to be *explicit* about what type of address you want. Just a private key is very ambiguous, as it could be used for a P2PK output, P2PKH addresses, P2WPKH, P2TR, P2SH-wrapped versions of these, multisigs, or more complicated constructions. In this environment "import a private key" just doesn't convey enough information. Presumably, you want a P2PKH address with your WIF key. The descriptor for that is just `pkh(WIF)` (with `WIF` your WIF-encoded private key), which can be imported with the `importdescriptors` RPC command. Bitcoin Core requires that descriptors have a checksum for importing (because importing the wrong thing may mean loss of funds), but provides the `getdescriptorinfo` RPC for computing this checksum if needed.

aminok

Ethereum Layer 2 activity over the last week: | | | | | | | | | | :-: | :-: | :-: | :-: | :-: | :-: | :-: | :-: | | # | | Name | Past day TPS | 7d Change | Max daily TPS | 30D Count | Data source | | 1 | | Arbitrum One | 39.58 | +109.13% | 58.97on 2023 Dec 16 | 55.08 M | Blockchain RPC | | 2 | | Base | 19.88 | -9.85% | 36.99on 2024 Apr 08 | 69.56 M | Blockchain RPC | | 3 | | Ethereum | 11.83 | -3.16% | 22.70on 2024 Jan 14 | 34.87 M | Blockchain RPC | | 4 | | zkSync Era | 8.04 | -7.36% | 62.07on 2023 Dec 16 | 27.67 M | Blockchain RPC | | 5 | | Blast | 7.38 | +21.87% | 9.40on 2024 Mar 01 | 17.15 M | Blockchain RPC | | 6 | | Arbitrum Nova | 5.31 | +144.13% | 54.90on 2024 Mar 05 | 8.74 M | Blockchain RPC | | 7 | | OP Mainnet | 4.15 | -10.57% | 11.29on 2024 Mar 27 | 16.90 M | Blockchain RPC | | 8 | | Linea | 3.85 | +4.58% | 55.70on 2024 Mar 31 | 11.36 M | Blockchain RPC | | 9 | | Scroll | 3.35 | -18.85% | 6.50on 2024 May 09 | 10.38 M | Blockchain RPC | | 10 | | Kroma | 3.01 | +8214.93% | 3.77on 2024 Jan 28 | 1.60 M | Blockchain RPC | | 11 | | Cyber | 2.82 | +8372.17% | 3.90on 2024 May 01 | 1.56 M | Blockchain RPC | | 12 | | Mantle | 2.68 | -16.22% | 25.47on 2023 Dec 27 | 9.55 M | Blockchain RPC | | 13 | | Mode Network | 2.47 | +14.65% | 6.03on 2024 May 07 | 7.04 M | Blockchain RPC | | 14 | | Immutable X | 1.71 | -40.35% | 39.35on 2022 Mar 11 | 7.50 M | Closed API | | 15 | | ApeX | 1.61 | -4.07% | 3.24on 2024 Feb 22 | 4.73 M | Closed API | | 16 | | Manta Pacific | 1.07 | +51.14% | 5.88on 2023 Dec 22 | 2.12 M | Blockchain RPC | | 17 | | Starknet | 0.95 | -4.05% | 12.30on 2024 Feb 20 | 2.68 M | Blockchain RPC | | 18 | | Zora | 0.84 | -29.53% | 12.81on 2024 Apr 09 | 4.05 M | Blockchain RPC | | 19 | | BOB | 0.58 | +324.78% | 0.91on 2024 May 17 | 498.03 K | Blockchain RPC | | 20 | | dYdX v3 | 0.56 | +6.73% | 11.45on 2022 Feb 15 | 2.35 M | Closed API | source: https://l2beat.com/scaling/activity Arbitrum One saw its activity double from the week before! It's now clearly in the lead amongst Layer 2s, with a commanding lead on both Total Value Locked and transactions per day.

px403

The TORN network was a completely separate thing that was basically a prototype for early decentralized account abstraction, and it didn't even exist when Lazarus put money in Tornado, which is basically what's got the prosecutors all hot and bothered. The TORN network basically let anyone stake a bunch of TORN so they could run a node. Anyone could connect to any of the TORN nodes and send them a signed transaction, which would then get submitted by the TORN node in exchange for a small fee. From what I've heard, that network wasn't even being used by criminals, especially North Korea, who will just run their own Ethereum RPC nodes or whatever. It's just a nice privacy layer so people don't need to submit transactions via Metamask/Infura. What's wild is that he wasn't even running a TORN node or anything, he just got a cut of the initial TORN distribution, but it was argued that if criminals started using the TORN network, then the value of the token might go up, so in a weird ass-backwords hypothetical scenario, he might indirectly see some profits from criminal activity. Fucking wild.

aminok

Ethereum Layer 2 activity over the last week: | | | | | | | | | | :-: | :-: | :-: | :-: | :-: | :-: | :-: | :-: | | # | | Name | Past day TPS | 7d Change | Max daily TPS | 30D Count | Data source | | 1 | | Arbitrum One | 25.14 | +43.80% | 58.97on 2023 Dec 16 | 50.08 M | Blockchain RPC | | 2 | | Base | 23.10 | -18.63% | 36.99on 2024 Apr 08 | 74.66 M | Blockchain RPC | | 3 | | Ethereum | 13.46 | -2.28% | 22.70on 2024 Jan 14 | 35.22 M | Blockchain RPC | | 4 | | zkSync Era | 9.05 | -16.96% | 62.07on 2023 Dec 16 | 29.46 M | Blockchain RPC | | 5 | | Blast | 6.67 | -21.82% | 9.40on 2024 Mar 01 | 15.85 M | Blockchain RPC | | 6 | | OP Mainnet | 5.92 | -7.86% | 11.29on 2024 Mar 27 | 17.98 M | Blockchain RPC | | 7 | | Arbitrum Nova | 4.45 | +193.46% | 54.90on 2024 Mar 05 | 9.81 M | Blockchain RPC | | 8 | | Linea | 4.22 | -25.15% | 55.70on 2024 Mar 31 | 11.69 M | Blockchain RPC | | 9 | | Scroll | 3.98 | -6.82% | 6.50on 2024 May 09 | 10.24 M | Blockchain RPC | | 10 | | Mantle | 3.31 | -16.65% | 25.47on 2023 Dec 27 | 9.57 M | Blockchain RPC | | 11 | | Immutable X | 2.45 | +9.63% | 39.35on 2022 Mar 11 | 7.72 M | Closed API | | 12 | | Mode Network | 2.31 | -0.56% | 6.03on 2024 May 07 | 6.65 M | Blockchain RPC | | 13 | | ApeX | 1.83 | -5.76% | 3.24on 2024 Feb 22 | 4.81 M | Closed API | | 14 | | Zora | 1.26 | +13.64% | 12.81on 2024 Apr 09 | 6.48 M | Blockchain RPC | | 15 | | Starknet | 1.16 | +1.25% | 12.30on 2024 Feb 20 | 2.68 M | Blockchain RPC | | 16 | | dYdX v3 | 0.98 | -17.14% | 11.45on 2022 Feb 15 | 2.79 M | Closed API | | 17 | | Redstone | 0.71 | -16.63% | 2.85on 2024 May 02 | 1.55 M | Blockchain RPC | | 18 | | Manta Pacific | 0.69 | -22.09% | 5.88on 2023 Dec 22 | 1.98 M | Blockchain RPC | | 19 | | tanX | 0.65 | +0.00% | 1.22on 2024 Feb 18 | 1.60 M | Closed API | | 20 | | X Layer | 0.58 | -4.17% | 4.72on 2024 Apr 16 | 1.80 M | Blockchain RPC | source: https://l2beat.com/scaling/activity

stryker7314

Even better, I turned off prune so I can store the full blockchain. I enabled RPC but not sure what that's even gonna do even after reading about it I'm confused lol.

ma0za

No bud. Just no. Below are the Network & Hardware reqs for a rpc node. Source: https://docs.solanalabs.com/de/operations/requirements Networking: Internet service should be at least 1GBbit/s symmetric, commercial. 10GBit/s preferred. Hardware Recommendations The hardware recommendations below are provided as a guide. Operators are encouraged to do their own performance testing. CPU 12 cores / 24 threads, or more 2.8GHz base clock speed, or faster SHA extensions instruction support AMD Gen 3 or newer Intel Ice Lake or newer AVX2 instruction support (to use official release binaries, self-compile otherwise) Support for AVX512f is helpful RAM 256GB or more Error Correction Code (ECC) memory is suggested Motherboard with 512GB capacity suggested Disk PCIe Gen3 x4 NVME SSD, or better Accounts: 500GB, or larger. High TBW (Total Bytes Written) Ledger: 1TB or larger. High TBW suggested OS: (Optional) 500GB, or larger. SATA OK The OS may be installed on the ledger disk, though testing has shown better performance with the ledger on its own disk Accounts and ledger can be stored on the same disk, however due to high IOPS, this is not recommended The Samsung 970 and 980 Pro series SSDs are popular with the validator community GPUs Not necessary at this time Operators in the validator community do no use GPUs currently RPC Node Recommendations The hardware recommendations above should be considered bare minimums if the validator is intended to be employed as an RPC node. To provide full functionality and improved reliability, the following adjustments should be made. CPU 16 cores / 32 threads, or more RAM 512 GB or more if account-index is used Disk Consider a larger ledger disk if longer transaction history is required Accounts and ledger should not be stored on the same disk

HSuke

Do any explorers on any blockchains allow this? That's really expensive even for slower blockchains. Just run a full node, or pay for RPC access.

ma0za

Source: https://docs.solanalabs.com/de/operations/requirements Hardware Recommendations The hardware recommendations below are provided as a guide. Operators are encouraged to do their own performance testing. CPU 12 cores / 24 threads, or more 2.8GHz base clock speed, or faster SHA extensions instruction support AMD Gen 3 or newer Intel Ice Lake or newer AVX2 instruction support (to use official release binaries, self-compile otherwise) Support for AVX512f is helpful RAM 256GB or more Error Correction Code (ECC) memory is suggested Motherboard with 512GB capacity suggested Disk PCIe Gen3 x4 NVME SSD, or better Accounts: 500GB, or larger. High TBW (Total Bytes Written) Ledger: 1TB or larger. High TBW suggested OS: (Optional) 500GB, or larger. SATA OK The OS may be installed on the ledger disk, though testing has shown better performance with the ledger on its own disk Accounts and ledger can be stored on the same disk, however due to high IOPS, this is not recommended The Samsung 970 and 980 Pro series SSDs are popular with the validator community GPUs Not necessary at this time Operators in the validator community do no use GPUs currently RPC Node Recommendations The hardware recommendations above should be considered bare minimums if the validator is intended to be employed as an RPC node. To provide full functionality and improved reliability, the following adjustments should be made. CPU 16 cores / 32 threads, or more RAM 512 GB or more if account-index is used Disk Consider a larger ledger disk if longer transaction history is required Accounts and ledger should not be stored on the same disk

timbulance

Your voting power could not be calculated. This is often due to a misconfigured strategy or an unresponsive RPC node involved in the strategy. If the problem persists, consider contacting our support team

bieker

The transaction details in the block you are mining are relevant. So every time someone else mines a block you have to start over, also the nonce is only 4 bytes, so you can only do 3.8B hashes on it before you need to change something else in it. Assembling a block to mine is pretty easy, you run a node and it has an RPC function that will give you a block template containing current transactions from the mempool, then you just have to add the coinbase transaction with the address of where you want the reward to go. I recently did this for fun, built a linux box, installed bitcoin core, ckpool and some CPU mining software, it was not hard. it gets about 125Mhash/sec and will be unlikely to mine a block before the heat death of the universe, but if it does, it will all be mine!

aminok

Ethereum Layer 2 activity over the last week: || || |#||Name|Past day TPS|7d Change|Max daily TPS|30D Count|Data source| |1||Base|32.00|-0.40%|36.99on 2024 Apr 08|77.63 M|Blockchain RPC| |2||Degen Chain|20.13|-25.62%|37.12on 2024 Apr 18|53.07 M|Blockchain RPC| |3||Arbitrum One|17.11|-20.58%|58.97on 2023 Dec 16|48.72 M|Blockchain RPC| |4||Ethereum|13.88|+1.77%|22.70on 2024 Jan 14|36.67 M|Blockchain RPC| |5||zkSync Era|12.10|-6.12%|62.07on 2023 Dec 16|32.49 M|Blockchain RPC| |6||OP Mainnet|7.58|-1.40%|11.29on 2024 Mar 27|20.56 M|Blockchain RPC| |7||Arbitrum Nova|6.07|-26.29%|54.90on 2024 Mar 05|25.54 M|Blockchain RPC| |8||Blast|4.87|+2.53%|9.40on 2024 Mar 01|13.54 M|Blockchain RPC| |9||Immutable X|4.87|+151.59%|39.35on 2022 Mar 11|7.34 M|Closed API| |10||Linea|4.60|-9.14%|55.70on 2024 Mar 31|45.29 M|Blockchain RPC| |11||Mantle|2.83|-1.95%|25.47on 2023 Dec 27|7.65 M|Blockchain RPC| |12||Scroll|2.56|-36.96%|6.29on 2024 Feb 25|10.16 M|Blockchain RPC| |13||Zora|2.26|-67.39%|12.81on 2024 Apr 09|14.25 M|Blockchain RPC| |14||Mode Network|2.19|+6.11%|2.82on 2024 Apr 08|4.82 M|Blockchain RPC| |15||ApeX|1.82|-5.48%|3.24on 2024 Feb 22|4.99 M|Closed API| |16||Apex|1.70|+20.13%|1.75on 2024 Apr 22|3.23 M|Blockchain RPC| |17||dYdX v3|0.93|-37.99%|11.45on 2022 Feb 15|3.27 M|Closed API| |18||Sorare|0.83|-3.98%|2.31on 2022 Oct 23|1.47 M|Closed API| |19||Manta Pacific|0.81|+35.18%|5.88on 2023 Dec 22|1.82 M|Blockchain RPC| |20||tanX|0.73|+20.00%|1.22on 2024 Feb 18|1.64 M|Closed API| source: [https://l2beat.com/scaling/activity](https://l2beat.com/scaling/activity)

KoreanJesusFTW

> It's funny though that Ethereum infrastructure is run substantially by Infura, which is majority owned by JP Morgan, while Cardano infrastructure is run by a decentralised community. If you know how Ethereun is structured, you know that this is simply not true. Infura is just an RPC endpoint. Matter of fact, I can mount my wallet in Metamask and make it use one of my nodes as the RPC endpoint instead of Infura. The entire Ethereum network is run by stakers - primarily by solo stakers, individuals that bootstrapped the beacon chain when it switched from POW to POS. In contrast, ADA runs a DPOS variant because they didnt have as much research as Ethereum did. All Proof Of Stake that existed prior to ETH POS are done this way - DELEGATED POS (that's what the D stands for). It centralizes on the delegates much like the pools in mining. Sure, Ethereum now has custodial staking providers. This is primarily for participants that's got less that 32 ETH to stake. > Also Ethereum devs have openly declared that governance by the Ethereum community is impossible, Citation required. One would suspect that this is merely the opinions of a few. Governance is there, decisions are being made by the community on each EIP that goes through. It works and it exists. We see this on the daily. This is one of the reasons why everything on top of Ethereum works. It is also clearly the home of DeFi. The chain has no special "shutdown feature" once in a while because it is designed very well. World's best minds are working in Ethereum. > while in Cardano community governance is readying to launch. This is comparing something that exists and clearly working to something that's not even there... Yeah, let that sink in for a while. > It's almost like if you look at facts rather than narratives, your whole point is turned upside down. Sure, that's why ADA strive so hard to be that ETH killers that many pose as for years and I suspect will continue to do so for years to come, right?. Let's face it in a competition, you keep your eye on the one that's ahead. Not the ones that ate the dust behind you. ADA clearly had it's eyes on ETH for since it launched. That forced implementation of smart contracts even though smart contracts does not natively work with UTXO (Charles chosen addressing scheme for ADA --- wow!). This is BTW, the reason why EUTXO was created. That's a point per point rebuttal. I welcome any counter argument with the relevant proof.

jawni

Not all, but many: The exchanges you use, VC funded. The wallets you use, VC funded. The RPC services your wallet connects to, VC funded. The validator software taking your transaction, VC funded. The block explorer you use to check the transaction, VC funded. The payment processors working on accepting crypto, VC funded. Even *this website*, VC funded.

cosmic_censor

In some cases, you can monetize your RPC node using POKT. I am not sure how profitable it is considering the hardware requirements of an RPC node but it does make some profit.

Michael__X

This is a bad idea but that's not what you asked. I'm not too sure about sol but on EVM chains you need a RPC provider and a basic understanding of the contracts you're trying to interact with e.g uniswap. https://www.quicknode.com/guides/ethereum-development/smart-contracts/how-to-interact-with-smart-contracts The exchange route is probably the easiest tbh but you can't trade all the shitcoins. Jusst read their api docs

croissant_auxamandes

Not everytime; just use MEV protection RPC, or Cowswap and such. As far as I know, I don't even think there's MEV on Solana.

ConfidentialX

Also partnered with XDC Network for RPC.

KronosTP

The chain isn’t made to let some people have better luck with transactions or not. First off, do you know how an RPC works, before talking about their pricing?

KronosTP

Bro you sound very badly informed of Solana for a developer, no offense. There is no “higher priority by choice” although maybe you are using a shit RPC. (Use Helius). Priority fee markets are not ideal on Solana, spamming through a 1SOL transaction is more your problem than it is Solana’s, that’s like paying a 100000 dollar fee on ethereum and calling eth garbage.

JeopardyQBot

ah okay, i've never used that wallet but it seems like they support custom RPC settings which well let you connect to nova. there's an imtoken support page about it. so you just need to figure out where to add a custom RPC. then you can get the settings from DefiLlama's Chainlist site for arbitrum nova and put them in. the specific rpc url that you use doesn't matter so much, there are usually a few options, can try a different one in the list if your having trouble with transactions sending these settings should work but in general get them from Chainlist ChainID: 42170 Currency: ETH RPC: https://arbitrum-nova-rpc.publicnode.com Block Explorer: https://nova.arbiscan.io/

aminok

Ethereum Layer 2 activity over the last week: || || |#||Name|Past day TPS|7d Change|Max daily TPS|30D Count|Data source| |1||Linea|53.28|+147.72%|55.70on 2024 Mar 31|46.68 M|Blockchain RPC| |2||Base|26.68|+53.80%|27.13on 2024 Mar 30|35.60 M|Blockchain RPC| |3||Arbitrum One|14.84|-14.59%|58.97on 2023 Dec 16|35.73 M|Blockchain RPC| |4||Ethereum|14.42|-2.62%|22.70on 2024 Jan 14|37.98 M|Blockchain RPC| |5||zkSync Era|11.73|-20.97%|62.07on 2023 Dec 16|34.18 M|Blockchain RPC| |6||Arbitrum Nova|9.67|-75.16%|54.90on 2024 Mar 05|97.25 M|Blockchain RPC| |7||OP Mainnet|6.95|-11.01%|11.29on 2024 Mar 27|17.25 M|Blockchain RPC| |8||Blast|4.57|-4.54%|9.40on 2024 Mar 01|9.70 M|Blockchain RPC| |9||Scroll|3.94|-31.11%|6.29on 2024 Feb 25|9.91 M|Blockchain RPC| |10||Mantle|2.69|-14.22%|25.47on 2023 Dec 27|6.83 M|Blockchain RPC| |11||Immutable X|2.50|+21.98%|39.35on 2022 Mar 11|7.43 M|Closed API| |12||Zora|1.84|+38.51%|1.89on 2024 Mar 31|2.83 M|Blockchain RPC| |13||ApeX|1.76|-13.84%|3.24on 2024 Feb 22|5.26 M|Closed API| |14||dYdX v3|1.44|+14.32%|11.45on 2022 Feb 15|4.75 M|Closed API| |15||Mode Network|1.24|-28.45%|2.21on 2024 Feb 05|3.08 M|Blockchain RPC| |16||Starknet|0.74|-49.38%|12.30on 2024 Feb 20|4.89 M|Blockchain RPC| |17||Metis|0.69|-4.15%|9.37on 2024 Jan 19|1.62 M|Blockchain RPC| |18||Manta Pacific|0.60|+1.07%|5.88on 2023 Dec 22|1.66 M|Blockchain RPC| |19||tanX|0.57|-22.22%|1.22on 2024 Feb 18|1.86 M|Closed API| |20||Sorare|0.41|-20.74%|2.31on 2022 Oct 23|1.45 M|Closed API| source: [https://l2beat.com/scaling/activity](https://l2beat.com/scaling/activity)

One_Boot_5662

I cannot imagine any off the shelf application that would do this, because the distinction you are making makes no sense for ordinary users. Signing transactions is signing transactions. You would have to build it yourself. An RPC server with a client on a different machine physically secured away from the server, that only allows creation of transactions with certain criteria.

HSuke

Depends on which aspect. **For validators**: PoS in general is extremely hard and next-to-impossible to compromise for security compared to PoW, so this is mainly for censorship. It used to be during its first year of operations. But then it started pushing hard for 3rd-party validators, and it's been far more decentralized than Ethereum and Bitcoin when measured by the Nakamoto Coefficient. The only popular network more diversified than Solana is Cardano. **For client diversity**: It's more decentralized than most blockchains, but Ethereum is by far the most decentralized in this aspect. **For archive node and RPC requirements**: More centralized than other blockchains due to high hardware requirements.