Oddbean new post about | logout
 Solana is centralized and therefore by definition not permissionless 
 Good perspective. But it is the fastest. 
 Bitcoin lightning transactions comfirm in under a second on direct channels, and is much more scalable because you can have thousands of transactions happening per second on many different channels. The tps throughput effectively scales as large as the number of economically active channels, which has no upper limit. Solanas throughput can never match lightning, but it doesn’t even matter because it’s centralized. 
 Uncle Rico can throw a football over them mountains but he’s never gonna win a Super Bowl.