I’m glad I did a 10x with SOL – can’t argue with those gains! But I still can’t shake off a lingering doubt about Solana’s “blockchain.” It feels like every other day, there’s chatter in the community about whether Solana is truly decentralized or if it's just a high-speed, centralized database wrapped in blockchain branding.

Let’s be real – Solana’s TPS (transactions per second) and low fees are impressive, almost magical compared to Ethereum or Bitcoin. But when you dive deeper, you start to notice that the very features making it so fast could also be its Achilles heel.

Here are some things that keep me up at night when it comes to Solana:

1. Validator Requirements: Running a validator on Solana isn’t just “grab a laptop and go.” The hardware requirements are so intense that only a few can realistically participate. Isn’t decentralization about allowing anyone to contribute to securing the network?

2. Outages: Solana’s network faced major outages. It might happen again... A true blockchain should be resistant to downtime – we’re talking 24/7 reliability, right?

3. Governance and Control: Who really calls the shots? With the concentration of coins and decision-making power, does this look more like a corporate boardroom than a decentralized, community-driven ecosystem?

Don’t get me wrong – Solana has achieved things that were almost unthinkable just a few years ago. But at what cost? Decentralization and trustlessness are at the heart of what makes a blockchain… a blockchain. So, is Solana really playing by the same rules, or is it a high-performance database with a dash of blockchain for marketing?

Would love to know what others think – especially those who've seen SOL gains but have similar doubts.