Quote from: bitjamz on July 11, 2024, 09:21:21 AM

I don't know if it's a good time to buy Solana. the only i know is solana is highly centralized, with singular entities exercising too much power and control over protoco

It's very obvious if this isn't a good time to buy Solana. It has been slowly moving up again, and the chance to buy at the bottom has already passed. But if you're keen to bet on Solana's new high of Solana, then it's worth it enough to buy. Bitcoin is slowly rising. This is because people aren't afraid of Germany's government dump and MTgox.

I think everything is centralized now. Centralization in the Solana blockchain is a common thing in the crypto. Most blockchains were centralized. But as long as many nodes run it, all is fine.

Again, centralization and decentralization are strongly unrelated to the price of Solana. It was not only you who called this a centralized blockchain, but others were doing so as well.

Today, the power of one entity doesn't really matter for controlling the protocol. As long as they can be trusted, that's enough.