Solana Has ‘Many Flaws’, Claims Crypto Fund Founder

Quick Summary:

In a thread shared on X, Justin Bons—Founder and Chief Investment Officer of Cyber Capital, a fund he describes as Europe’s oldest cryptocurrency fund—set out a pointed critique of the Solana blockchain.

Bons conceded that Solana had shown improvements over time—especially in addressing outages—yet emphasized that blockchains “should never go down,” even in experimental stages.

Bons replied by underscoring that, while the presence of multiple clients might indeed reduce future network downtime, such outages should not be excused.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: Hungary

Topics: Solana news SOL Solana Justin bons SOL price Crypto News SOL news Solana price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 05:00:20 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 26112335

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