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Ethereum Foundation Researcher Justin Drake: Solana's Golden Age is Coming to an End, Won't Pose a Threat to Ethereum

Ethereum Foundation Researcher Justin Drake: Solana's Golden Age is Coming to an End, Won't Pose a Threat to Ethereum

Bitget2024/12/04 21:44

Ethereum Foundation researcher Justin Drake stated that Solana's golden age is nearing its end and will not pose a threat to Ethereum. Despite Solana's strong momentum, Drake emphasized that Ethereum is focused on long-term gains. He said, "Solana is currently at its peak, but I believe this will mark the end of Solana's golden age, as all of its competitive advantages in terms of latency and throughput will disappear due to fundamental architectural differences that make it non-scalable."

Currently, Ethereum developers rely heavily on Layer 2 solutions to offer faster and cheaper transactions. Drake added, "I think Layer 1 is competing with Bitcoin, while Layer 2 is competing with Solana. Therefore, competing with Solana doesn't even fall within the responsibilities of Layer 1; we should be competing on security and health. So, if Solana faces any competition, it will need to come from applications and Layer 2."

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