Solana applied to be the blockchain for Reddit Community Points, would there be greater growth with Solana?

Reddit hosted the Reddit Great Scaling Bake-Off to determine what chain to host Reddit Community Points on.

Arbitrum Nova was the winner

I think the Arbitrum Nova pick was a good pick for the blockchain to host RCP. It is a low-cost Ethereum Layer-2 blockchain designed for social media and gaming. It is more centralized, hence lower cost, than Arbitrum One. This is a reason it is not as good for defi.

Arbitrum Nova has some drawbacks. Most people don’t know it exists. Very few exchanges allow you to withdraw ETH to it, requiring the use of a defi bridge to get ETH on Arbitrum Nova. There is an ETH faucet on Reddit, but unless you are familiar with Reddit you would likely not know about the faucet. T

Another negative about Arbitrum Nova is that it does not have a community outside of RCPs. There are very few dapps that operate on the blockchain. Since there are very few people using Arbitrum Nova it will be a lot more difficult to make a casual purchase. Ecosystem

Solana submitted a proposal for Reddit Community Points

There were over 20 proposals and Solana was one of them. I am not a fan of the Solana blockchain. It at one point had stablecoins with questionable backing. It is known for going down at random times (although the blockchain is more stable now than it was in the past).

Despite the negatives, there are many positives about Solana. Solana has a large community that is very active on Twitter and other social media outlets. This community is more focused on social dapps, gaming, and NFTs. There is some defi on Solana, but that is not the focus of the chain. This is just the type of community that would be interested in RCPs and it could have had a positive impact on the price. It also could have led to an increase in r/cc users.

I think Reddit made the best choice with Arbitrum Nova for RCPs. A well-regarded Ethereum L2 is better than Solana in the long run even if Solana might have a better price impact on RCPs initially.