Chad, the innovator behind the Ore initiative under the Hardhat label, has put forth a plan to the Solana Foundation. His proposal aims to encourage testnet usage with Solana’s native token, SOL, in response to network congestion causing transaction failures that have escalated to approximately 75%.
Imho if solana wants to incentivize testnet spam, foundation should offer a SOL incentive— Hardhat Chad (@HardhatChad) April 17, 2024
On Twitter, Chad proposed the idea of giving out SOL tokens as incentives for users to test new features and protocols on the platform. According to him, this active involvement could significantly improve the platform’s functionality and enable early detection of possible problems that may affect the mainnet.
Amongst the community, there is a divided perspective regarding Chad’s proposal. While some individuals view it as a beneficial move towards enhancing our network, others, such as TheSoftwareJedi, advocate for an alternate solution. They recommend that Chad focuses on completing his project first and considers applying for foundation grants rather than relying on incentives directly.
Oh no, that’s not the right approach. First, construct your project and establish the testnet bridge. This could potentially boost ORE’s price, but make sure you build it first to demonstrate good faith. The community will value your efforts.
— Dana (@TheSoftwareJedi) April 17, 2024
In the end, the dispute underscores the significance of community engagement and diverse viewpoints in determining the direction of Solana’s future.
Chad from Hardhat explicitly stated that he doesn’t require any financial aid from the foundation. Instead, his objective for Ore is to build a strong cryptocurrency system, as opposed to primarily developing testnet tools.
Right now, he’s examining fresh approaches to combat spam efficiently and pondering if it’s essential to focus on generating testnet spam robots as a top priority.
Based on Hardhat Chad’s recent social media post, this proposal suggests a pause in mining activities to support the well-being of the Solana network and Ore’s community.
Read More
Sorry. No data so far.
2024-04-17 12:52