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7Layer | Overclock Validator

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@7LayerMagik

Be good to the core(s). @OverclockSol validator
Konohagakure overclock.one Joined March 2022
6.6K Following 7.5K Followers 16K Posts

Latest posts 5

7Layer | Overclock Validator Verified account @7LayerMagik
Solana's VAT fee is stupid, forreal. Yet another Solana fee hardcoded to a fixed Sol amount.

As long as it exists it's a great way for people to virtue signal that life is hard for small validators while stifling potentially good economic proposals out of self interest. Two inflation proposals almost failed because of this.

It also remains a long term point of FUD against Solana still
7Layer | Overclock Validator Verified account @7LayerMagik Sep 2
@blockchainjames @viktorfischer @solana @MorganStanley The numbers go down because Solana has a really dumb system for charging validators (voting/VAT fee) to prevent sybil resistance. But it's way too much and it's a dumb flat fee in Sol. It costs $50k per year right now
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