Solana (SOL) Doesn't Have Any Long-Term Value, Cyber Capital CIO Claims

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Solana (SOL) Doesn't Have Any Long-Term Value, Cyber Capital CIO Claims
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Solana (SOL) has no long-term value, according to CyberCapital CIO SOL $SOL CyberCapital

This wouldn't be the first time Bons would be voicing his criticism regarding the Solana blockchain. In October last year, days after the Solana blockchain recorded a six-hour outage, Bons criticized the network in a long thread of tweets.also stated that the Solana team was"unnecessarily centralizing the network."

He claims that becoming a validator on Solana was expensive, as it requires $6 million to run a validator profitably. He makes mention of Solana's proof of history — a clock before consensus — and Turbine — a block propagation protocol — as trading off decentralization for scalability.At the time of writing, SOL was trading at $17.58, up 4.48% in the last 24 hours.

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