I have to agree. Phaeton is simply a sidechain as well. Solana has some groundbreaking tech POH etc, although it truly can’t scale as it relates to Data. TPS is just one aspect of Scalability, (Network, Data) the other 2 No one seems to understand that though. They can only hold 2 days on the blockchain. Not to mention that was prior to this run ups Solana is the only blockchain as of now that does their consensus on blockchain. So 80% of their transactions are actually coming from consensus not anything else. Solana is highly centralized, barrier to entry (requires super expensive hardware).
MBA in finance & accounting with a specialty in Investments. Ex-Banking Professor. 17+ Years Financial Markets experience. Independent Financial Analyst.