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Notes from the fastest chain

How Solana works, why the culture around it looks the way it does, and what the jargon actually means.

Proof of history, parallel execution and a block propagation trick borrowed from file sharing - plus the costs nobody advertises.

The failure is usually structural rather than emotional, and the handful that survive share a short list of unglamorous traits.

Decentralisation is not a badge a project either holds or lacks. It is a set of separate dials, and most of them are set by hand.

There are no coins in your wallet. There is a number that proves you may move entries in a ledger, and that difference changes everything.

Automated market makers turned trading from a negotiation into a formula, and the tradeoffs land squarely on whoever supplies the money.

Cheap, fast blockspace is not a neutral utility. It selects for a certain kind of user, and the culture follows the fee.