Solana or Ethereum L2s? Crypto Veteran 'Tired of These Takes'

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Ethereum OG Eric Conner sees 'extremely minimal differences' between Solana (SOL) and Layer 2 networks on Ethereum (ETH)

Ethereum developer Eric Conner, co-author of EIP 1559, one of the game-changing Ethereum upgrades, explains why it makes no sense to compare the second largest blockchain and Solana .After the successful activation of EIP 4844, Ethereum and Solana have extremely minimal differences when it comes to user experience. Ethereum dev Eric Conner says that the two networks now demonstrate similar metrics of transaction fees and operational speed.Solana UX vs.

Conner reacted to the opinion of Qiao Wang, co-founder of Messari. The seasoned analyst shared a conversation with an old-time Ethereum user who described his experience with modern ETH as"annoying" because of slowness and rawness. Returning to Ethereum from Solana looked to the speaker like returning to Bitcoin from Ethereum , Wang admitted.As covered by U.Today previously, Ethereum's Dencun upgrade was activated successfully on March 13, 2024. Thanks to the newly-introduced"blob" data concept, it reduced fees on Ethereum-based L2s below $0.01.At the same time, Ethereum skeptics continue to express their criticism despite the radical upgrade being deployed.

Analyst Justin Bons of CyberCapital VC fund, who repeatedly slammed scaling tactics of Ethereum and Bitcoin , claimed that Solana with its"sufficient scalability" serves as a sort of counter-narrative to Ethereum . At the same time, he admitted that at this stage, Solana is far from having the best experience, or the best tech,"or the best of anything."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Optimism Chains Ready for EIP 4844 Upgrade, Here's Why This Is Big DealEthereum-based L2s getting closer to most radical tech upgrade in Ethereum scaling history
Source: Utoday_en - 🏆 295. / 63 Read more »

Raoul Pal Issues Epic Bitcoin, Ethereum and Solana Price PredictionRaoul Pal shares hot Bitcoin, Ethereum, Solana predictions amid ATH frenzy
Source: Utoday_en - 🏆 295. / 63 Read more »

Crypto Liquidations Top $680 Million as Bitcoin Reverses GainsCrypto liquidations hits $680 million, but Solana takes outlier role on market
Source: Utoday_en - 🏆 295. / 63 Read more »

ERC 6551 Ethereum Standard Changes Game in Ethereum NFTs: GuideHere's how one EIP can boost entire concept of non-fungible tokens in EVM blockchains
Source: Utoday_en - 🏆 295. / 63 Read more »