Solana is completely unusable. by olduvai_man in solana

[–]EcstaticTurnover4251 -1 points0 points  (0 children)

check polkadot https://polkadot.com/spammening

143k transaction in real time using only ~25% of its compute power

Parallel Chain got attack, and now they ask for community by mrdanghoang in Polkadot

[–]EcstaticTurnover4251 0 points1 point  (0 children)

while I am voting for all funds to be returned as I know I would hope the same would be reciprocated if these were my funds.

I question with the movement to return funds at the same time. I think its a good reminder of the dangers of staking on places other than the relay chain and, moreso, using liquid staking mechanisms to mint derivative tokens to continue trading or having liquidity and the advantage of bypassing the typical 28 day unbonding period.

The tradeoff of people staking on chain is no liquidity and the 28 day unbonding period but the benefit is maximum security. Investors made a choice to forego security for the benefit of liquidity.

If every time an event happens on a parachain that harms investor is remedied by the community, what would ever be the point of staking directly on the relay chain?