$ETH and $SOL

Long tranh ho dau - Part 1

ETH and SOL have many similarities.

- Both are leading open-source layer 1 Blockchain platforms, born with the purpose of encouraging the development of decentralized applications (Dapps) and decentralized autonomous organizations (Daos) built on their systems.

Both have extremely large communities of interest in both finance and technology.., perhaps only after Bitcoin.

Because it is a game, competition is inevitable, especially with 2 coins that have so many things in common. But to say that Solana can surpass its veteran brother like Eth is still impossible to say in advance.

SOL and ETH are often put on the scale to compare with many advantages given to Sol, such as high scalability - Blockchain scaling [is the scalability of a blockchain network. Scaling aims to increase the throughput (TPS) of the network, helping the blockchain to meet the increasing transaction demand without reducing security, processing speed or decentralization]. And transaction fees (gas) are much cheaper.

That's true, even Vitalik Buterin (co-founder of Eth) once praised SOL as the blockchain with the highest scalability. These advantages have made the number of successful transactions of Sol reach more than 330 billion after only 4 years of operation. An extremely impressive number !!

But Ethereum has its own advantages that Solana can hardly overcome..

Author: Kahan Nguyen