Solana will replace Ethereum as the top smart contract chain

Solana continues to improve after every set back

As many of you probably heard, Solana was down yesterday and although many of you view this as a bad thing for the 9th largest blockchain I think you should reconsider.

No other blockchain has experienced the amount of down time that Solana has, what this tells me is that now other blockchain is as prepared to deal with an issue as Solana is.

A good example of this is viewing past outages.

• September, 2021 - Solana goes down for 18 hours
• September, 2022 - Solana goes down for 6 hours

Did you see the difference? In one short year Solana was able to cut it's down time in a major outage by less than half, this is thanks to their experience dealing with past outages.

See the image below for Solana Outages in 2022

https://preview.redd.it/9chaxelng8r91.png?width=1024&format=png&auto=webp&s=1f3e7f093677a9245296c25ed6f5629ba23a460f

So we can see that January had a lot and I mean a lot of outages, but look what happened after that. No outages in February or march, only one outage per month after that on April, May and June.

I'm seeing real improvements from the Solana team on not only reducing the number of outages but also shortening the amount of time it takes to get the network back up after each outage.

Some of you might call me an idiot or say I'm to optimistic but I see a near future where Solana might be down to only three or four outages a year, how many other blockchains can say the same thing?

How does Solana compare with other Layer ones?

https://preview.redd.it/s9ohs5mdj8r91.png?width=1200&format=png&auto=webp&s=38225f6704e95cd6dc942c2f18ede6dccb09607a

https://preview.redd.it/1fvyr7pej8r91.png?width=1200&format=png&auto=webp&s=6037eb6f4bc4563ca111351a1ad781d134d6b0a4

https://preview.redd.it/v3npot7nj8r91.png?width=1200&format=png&auto=webp&s=056acab6b8518a3a5540b015a8ee3d0044b3cceb

Having a centralized entity makes it easier to get things done

See the image below to view token allocation of different chains

https://preview.redd.it/uy8bjft5f9r91.jpg?width=1024&format=pjpg&auto=webp&s=93d3b3bec3bdaf27ddd095f7cd833cf754a243b5

As you can see almost 50% of SOL was distributed to VCs, many view this as a bad thing and continue to claim that a decentralized network is better for the community. The truth is that having a large amount of millionaires and billionaires running the network makes for fast and efficient decision making. You don't have to vote or try to explain to token holders why certain decisions should be made, the people in charge can simply make the best decisions that would benefit the network and those benefits will eventually trickle down to the token holders.

I think the data speaks for itself, Solana is just built different than the other chains it's competing against.

Solana is going places in 2022 and you want to be sure not to miss it.