1. Solana (SUN)
🚀Speed and performance:
Solana stands out for its exceptionally high transaction processing speed. According to data from CoinGecko, Solana recorded a daily average of 1,053.7 transactions per second (TPS), with a peak of 1,504 TPS.
This performance is made possible by a unique architecture that combines Proof of History with Proof of Stake.
Despite its speed, Solana has experienced network congestion issues and service outages.
🤷Team:
Solana was founded by Anatoly Yakovenko, a former Qualcomm engineer.
The Solana Labs team is comprised of experienced engineers from leading technology companies.
The Solana Foundation supports the development of the ecosystem.
⭐Points forts :
Fast and inexpensive transactions.
Growing ecosystem with many decentralized applications (dApps) and NFT projects.
Strong community.
👎Weak points:
Network stability issues.
Potential centralization.
2. On (ON)
🚀Speed and performance:
Sui is a Layer 1 blockchain that was designed for high performance and low latency.
It uses an object-oriented architecture, which allows for parallel processing of transactions.
According to CoinGecko data, Sui recorded 854 TPS (Transactions Per Second).
🤷Team:
Sui was developed by Mysten Labs, a team founded by former Meta (formerly Facebook) engineers who worked on the Diem blockchain project.
The Mysten Labs team has deep expertise in distributed systems and cryptography.
⭐Points forts :
Innovative object-oriented architecture.
High scalability and low latency.
Potentially low transaction fees.
👎Weak points:
Relatively new blockchain, with a developing ecosystem.
Competing with other successful Layer 1 blockchains.
🤖Quick comparison:
Solana currently leads in terms of TPS, but Sui shows promising potential.
Both blockchains are designed for high performance, but they use different architectures.
Solana has a more developed ecosystem at the moment.
💻Note:
It is important to note that the blockchain landscape is evolving rapidly, and new, successful blockchains are emerging regularly.
