Row 39500

Row ID: 39500 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 39500 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I gave the information for the discussion period here: https://www.reddit.com/r/CryptoCurrency/s/6DRhfckb9t

The proposal is here: https://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456

The voting has started and you can find the validators voting in support of this here: https://solscan.io/account/YESsimd96Cuw3M5TYAkZ1d71ug4bvVHiqHhhJzsFHHQ#splTransfers

At today's current prices the users of Solana can expect nearly $1,000,000 USD a day of increased emissions/inflation. If congestion occurs, traffic picks up, or Solana price increase these values will exponentially grow.

The key takeway besides the changing of monetary policy the validators are voting for themselves, there is an exposed risk with having 0% burn fee where the validators will collude to stuff blocks with worthless transactions or copy pasta dozen of ore scripts to manipulate priority fees for profit with no risk.

Just thought people should be aware of this high level centralization and what a lot to consider theft and a bait and switch to steal from investors after traffic and priority fees increased to nearly 90% of all fees on Solana. The level of greed from these validators should be shunned by every solana holder. I hope everyone enjoys the new inflation and devalue of their holdings once this closes.

FieldValue
text I gave the information for the discussion period here: https://www.reddit.com/r/CryptoCurrency/s/6DRhfckb9t The proposal is here: https://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456 The voting has started and you can find the validators voting in support of this here: https://solscan.io/account/YESsimd96Cuw3M5TYAkZ1d71ug4bvVHiqHhhJzsFHHQ#splTransfers At today's current prices the users of Solana can expect nearly $1,000,000 US…
label r/cryptocurrency
dataType post
communityName r/CryptoCurrency
datetime 2024-05-22
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url_encoded Z0FBQUFBQm5Lak9iMFl2VE5yaHg0RlEzU1pLc0RTY3pTTkFsc2ZsT3JVeXlocWJ4Y2pmWnlIU0dVbkJrcnJPNVhwRUZ4eXlUOXdfVENJWDdTb2hGQzV6UGVGZHAxZ3dyNHNFc2RTMFd6dkl0VUtEcFBwTmM3aFN0Mk9SUDhvcDFVNnY4b1duOXBCRTRzNEd6OVBQZXRTUW5qaGxWWlctbFdObThCV0tJckFlNGNhcDJjNkNyNlF6S1JCc2ZQRVlkN2d2NFJEYmNjckFJTUZlSHZQOWgtM1hCMnpJbEljMENMdz09

Raw Record

{
  "text": "I gave the information for the discussion period here:\nhttps://www.reddit.com/r/CryptoCurrency/s/6DRhfckb9t\n\nThe proposal is here:\nhttps://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456\n\nThe voting has started and you can find the validators voting in support of this here:\nhttps://solscan.io/account/YESsimd96Cuw3M5TYAkZ1d71ug4bvVHiqHhhJzsFHHQ#splTransfers\n\nAt today's current prices the users of Solana can expect nearly $1,000,000 USD a day of increased emissions/inflation. If congestion occurs, traffic picks up, or Solana price increase these values will exponentially grow.\n\nThe key takeway besides the changing of monetary policy the validators are voting for themselves, there is an exposed risk with having 0% burn fee where the validators will collude to stuff blocks with worthless transactions or copy pasta dozen of ore scripts to manipulate priority fees for profit with no risk.\n\nJust thought people should be aware of this high level centralization and what a lot to consider theft and a bait and switch to steal from investors after traffic and priority fees increased to nearly 90% of all fees on Solana. The level of greed from these validators should be shunned by every solana holder. I hope everyone enjoys the new inflation and devalue of their holdings once this closes. ",
  "label": "r/cryptocurrency",
  "dataType": "post",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1MNkNFSS1aTzdFXzktdXFUdlRFUGdmVFVBeDJPUUIyR2RvRjQ3Qm1LcFVrWTl4UlBWS0dGN1RQanE3QTIzTGZXT1czWHZfN0w4TWxsejhSdHprYk5BS3c9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9iMFl2VE5yaHg0RlEzU1pLc0RTY3pTTkFsc2ZsT3JVeXlocWJ4Y2pmWnlIU0dVbkJrcnJPNVhwRUZ4eXlUOXdfVENJWDdTb2hGQzV6UGVGZHAxZ3dyNHNFc2RTMFd6dkl0VUtEcFBwTmM3aFN0Mk9SUDhvcDFVNnY4b1duOXBCRTRzNEd6OVBQZXRTUW5qaGxWWlctbFdObThCV0tJckFlNGNhcDJjNkNyNlF6S1JCc2ZQRVlkN2d2NFJEYmNjckFJTUZlSHZQOWgtM1hCMnpJbEljMENMdz09"
}
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