The chief executive officer of FTX crypto exchange supported Solana blockchain as the best Ethereum challenger despite huge outages in the Solana blockchain Network in the past 9 months.
FTX is a popular crypto exchange. Due to better promotion strategies & better crypto services, the exchange is standing at 3 rank, just after the second biggest crypto exchange Coinbase. No doubt that FTX exchange has its significant stakes in Solana blockchain project, so support for Solana from FTX executive is a very usual thing.
Recently, FTX CEO Sam Bankman-Fried appeared in an interview with Fortune. Through the interview, he appreciated the role of Solana in the crypto industry as the best rival of the Ethereum blockchain.
Sam said that Solana is a most underrated coin. Recent months’ bad news regarding the Solana blockchain resulted in a huge degradation in Solana blockchain interest.
” I think it had a lot of bad PR over a short period, I think it sort of deserved that to be fair,” FTX CEO said.
Further, Sam said that the Solana blockchain did its work by ⅔ and now it will work in the the rest of phase. FTX CEO tried to explain these things from the technical point of view and said that any blockchain network can go through an outage, if that will be tested outside the limit level.
“Any blockchain would have broken if it tried to do what Solana has done.”
FTX CEO also tried to explain that the developer team extended the boundary of the performance limit of Solana, as a part to fix the issue, and it was expected that it was much better improvement but in reality, this is the phase of growth, where we need to work more to fight against limits.
Sam Bankman-Fried also said that all these things are his own opinion and he doesn’t advise people to use this statement from the point of investment.
Read also: India’s ED action on WazirX & controversy with the Binance exchange
FTX CEO supports Solana as an biggest Ethereum rival despite its struggles
🚀🚀Get ready for the biggest ICO of 2022.
✅ICO starts from August 16, 2022
✅ICO= Initial Coin Offering. Where you can purchase tokens at base price.
✅ICO has different rounds with different price.
✅Round-1 price: $0.0005
✅Round-2 price: $0.001
✅Round-3 price: $0.002
✅Round-4 price: $0.004
✅Round-5 price: $0.008
👉ICO will be finished on September 15, 2022.
👉Trading will start after ICO completion.
🚀🚀EXCHANGE LISTING PRICE: $0.02 per KST. That is 40x than ICO Round-1 (Seed round)🚀🚀
👩🏻💻For more details pls read pdf in marketing tools section in dashboard.
#koinswap #kst #nft #metaverse #blockchain
THIS IS A LIFE CHANGING OPPORTUNITY
*REGISTER N VERIFY UR MAIL N GET 1000 COIN FOR FREE*
TODAY KOINSWAP IS GIVING US 1000 COIN FREE BUT NO ONE CARE TO TAKE IT
JOIN THE GROUP FOR MORE UPDATES
In 2009 you missed# BITCOIN
2014 you missed# DOGE
2015 you missed# XRP
2016 you missed# ETH
2017 you missed# ADA
2018 you missed# BNB
2019 you missed# LINK
2020 you missed# DOT
2021 you missed# SHIBA
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.