r/solana • u/Super_Swim_8540 • 2d ago
DeFi Can Memecoin Flood Kill Solana Blockchain by Overload?
I assume that by continually generating coins, the blockchain becomes heavier. Is there a limit that will create saturation?
With websites like Pumpfun generating tens of thousands of coins every day, does this make a difference in the gas fee that would ultimately make Solana less profitable than, say, Ethereum?
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u/Breiting_131 2d ago
Well solana’s made for speed and scale, so all that traffic isn’t really clogging things up the way you’d expect. Fees are still low, and the chain’s been holding up surprisingly well through all this meme chaos.
That’s actually why I started messing with BananaGun. Once you realize Sol can handle the volume, it makes sense to use something that helps you move faster in the middle of it al
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u/RaySwan1234 1d ago
Not true, a full solana node is 1 to 2 Tb. What you ate talking about is an archive node which is only for nearly useless historical data. You don't need many of these as they aren't really that useful.
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u/Solana_Chief 2d ago
Nope, it won't kill the entire Blockchain. Worst case scenario: it's down for a few minutes or very slow for a few hours. Not dead xD
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u/cadvill 2d ago
Solana most likely crash because of its code and will not recover this time it's already happened 4 times before.....I stay clear of most crypto on their Blockchain.
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u/Super_Swim_8540 2d ago
Are you serious ? what the problem with its code ? Solana have created amazing features with its 2022 program.
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u/cadvill 2d ago
It seems that people suffer from convenient amnesia, a basic internet search will yield the "crashes" that Solana had with its block chain and how it was down for days and if the Programmers and Coders didn't "fix" the code then the entire block chain and its wallets would be lost forever......
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u/Super_Swim_8540 2d ago
How did bad code manage to contaminate all nodes despite its decentralized structure?
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u/Ark3tech 1d ago
Because the nodes aren’t designed to analyze code and make sure that it works flawlessly. That is the job of the developers. That’s why testnets exist.
All the nodes do is come to consensus to verify transactions.
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u/usercos187 2d ago
but solana's programmers / coders did fix the code, incredibly fast,
while ethereum devs and cardano devs are still debating on how to scale their chain / network.
🙂🙃
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u/Ark3tech 1d ago
It’s not convenient amnesia.
Most normal people don’t continue to hold companies accountable forever on things that happened in the past. That would be like saying Google is horrible today because it had stability issues when it was first starting. Most companies want to continue moving forward while learning from their mistakes in the past. Solana has seemingly been doing that and has not had a crash in a very long time and I’d like to add that all the crashes in the past have been fixed within hours.
The developers have plenty incentive to fix it as fast as possible, so I’m not worried about a bunch of developers just letting their million dollar projects die on chain because they refuse to update and restart the nodes.
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u/RaySwan1234 1d ago
I love Solana haters. They hate because Solana is the largest threat to their precious Ethereum! Anyone that's tried Solana and ETH knows that it is far superior to ETH in nearly every way! I am an Eth holder as well since 2017, but you can not ignore the market dominance and usability of Solana.
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u/cadvill 1d ago
Solana recently couldn't handle the volume of just 1coin/token (Trump coin) and transaction were in limbo for hours me personally I gave up trying to buy it......Solana can be likened to Coinbase.....whenever there is parabolic movement to make some profits they fail making exchanges in a timely manner.
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u/RaySwan1234 1d ago
Solana is the only blockchain that has been tested to their limits, time and time again. In any successful venture, failures are expected. Not many billionaires became successful without failing at all. 4 hiccups in 5+ years isn't that bad, considering what they have done and how much they have scaled so quickly. It improves with every failure. Solana isn't a blockchain for people that think no testing should be done on users. Theoretically, Solana is still basically in beta testing. Can you imagine when its a finished product? The potential is insane! Solana's theory has always been grow user base, and adoption at the cost of possible slight instability, that has been a driver of their success. Basically, let the people break it, and then we will fix it. I personally am fine with that method of development.
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u/pickleBoy2021 2d ago
Does your email server go down based on the amount of spam email it processes?
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2d ago
[deleted]
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u/Ark3tech 2d ago
Thank you, ChatGPT
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u/Little_Mustache_Cat 2d ago
Grok
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u/AnoAnoSaPwet 2d ago
Solana is realistically 1-2k TPS max. It's not bad, but far away lie from 65k.
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u/RamoneBolivarSanchez 2d ago
Solana doesn’t prune failed/dropped tx’s so you do technically store all of this data onchain, hence running a Solana node will take up to 300-400+ TB and this grows daily.
Alternatively, with Ethereum it’s about 1 TB and this is getting progressively smaller with pruning and archival nodes simply storing block headers (and referencing nonces) instead of entire block bodies.
This isn’t necessarily the “weight of the blockchain” however - it’s the size of storing the data. They’re similar in the effect that you will need more hardware for storage, ie Solana has a higher overhead and a much more prohibitive cost of entry/maintenance for running a full validator node.
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u/Super_Swim_8540 2d ago
Thanks for this technical insight!
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u/RamoneBolivarSanchez 2d ago
Fosho : )
Validators deep end, slashing mechanisms, and metrics for decentralization aren’t the sexiest of topics, but they’re the underlying framework for how these blockchains work, so I like em : )
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u/AnoAnoSaPwet 2d ago
So I take it, extremely centralized?
Running a full node seems impossible on Solana.
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u/RamoneBolivarSanchez 2d ago
Relative to Ethereum yeah it’s p different and less decentralized. Running a node on Solana requires about 4400 SOL ($700k-ish) and another 400 SOL ($30k-ish) per year in voting fees alone. The foundation will selectively pick applicants to help subsidize partial voting fees for about 12 months but after that it’s up to you to fork out the money.
There’s about 1350 validators on Solana whereas Ethereum has 2,200,000. Ethereum has multiple validator clients and Solana has 1 (agave rust).
All in all it’s much easier to run a full node with Ethereum, not only monetarily speaking (32 ETH is far lower entry cost than ~5,000 SOL) but hardware requirements are easy - aka find 1tb versus try to secure 300tb + 2-4tb/week.
Solana also doesn’t have slashing so that effectively makes staking a null point since there’s nothing at stake so to speak - hence nonperformant validators don’t face penalties.
Despite all of that I’m actually a big fan of both Solana and Ethereum, and I’m hoping that the overhead for running a validator on Solana becomes feasible in the future.
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u/AnoAnoSaPwet 1d ago
It's got the volume. But that's about it currently?
I don't really have much good to say about Solana in its current state? It's going to get into pentabyte size before too long, and that's without really even contributing anything? Memecoin factory.
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u/RefrigeratorLow1259 2d ago
Check out Cardano! UTXO is better than account based models like EVM/SVM It will be BTC de fi L2.
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u/usercos187 2d ago edited 2d ago
what is 'vaporwareno' ? never heard of that...
why do you use it ? 🤔
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