1,000 validators is "centralized"? Don't look at how many Bitcoin pools there are.
Solana’s 1000 validators may not even be owned by 1000 different entities, which reduces the attack difficulty.
Solana scales through centralization, not new ideas in blockchain scalability.
I don’t care how many Bitcoin mining pools there are. Mining pools are different than validators since they are made up of different individuals and not a single controlling entity. I also think PoW should die, and that’s all Bitcoin will ever support.
Edit: if all we want is 1000 entities controlling our chain, we can choose 1000 well-known institutions (banks, libraries, etc…). That would be less vulnerable to bribes and random censoring (perhaps I censor txt if a Dapp that’s competing with my investments) than 1000-ish unknown entities running the chain without any slashing.
The network can be halted when 1/3rd of the nodes collude. To my knowledge this allows you to halt the network but not reorg blocks or double spend.
> Solana scales through centralization, not new ideas in blockchain scalability.
Nonsense. They made different tradeoffs than Ethereum and a number of innovations were made possible by those different decisions.
Source: https://medium.com/solana-labs/7-innovations-that-make-solan...
b) It is easy for miners to switch to another pool in a matter of minutes. What do you do when you want a whole different set of Solana validators?