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Author Topic: is solana truly an ethereum killer?  (Read 8995 times)

Offline cryptoguy2023

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is solana truly an ethereum killer?
« on: November 17, 2023, 05:34:59 AM »
just watched this video about cathie wood saying that solana is a faster and better version of ethereum, is that true? given that the ftx fud is gone and big players are starting to work with solana, i think she might actually have a valid claim for once lol


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is solana truly an ethereum killer?
« on: November 17, 2023, 05:34:59 AM »

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Re: is solana truly an ethereum killer?
« Reply #1 on: December 23, 2023, 02:18:35 PM »
It might be.
Solana will be good competitor for Ethereum.
Solana rank is number 4 now, Ethereum is number 2.
I think Solana has potential to beat Ethereum at the future.  Let's see..
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Offline MrSpasybo

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Re: is solana truly an ethereum killer?
« Reply #2 on: December 23, 2023, 06:08:28 PM »
There are many blockchains claiming to be Ethereum Killer, but in the end they become Ethereum Supporter with EVM versions like EOS with EOS EVM, NEAR with Aurora or Solana with NEON ^^

Solana blockchain still has too many problems related to stability, I have not forgotten the series of Solala shutdown events in previous 2020 cycle. Solanan team will still have a lot of work to do to improve network quality.

Over the past year, SOL has shown better growth performance than ETH, which means an investment in SOL is considered smarter than an investment in ETH. However, I don't think that SOL will take the 2nd position from ETH in terms of capitalization.
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Offline kent47400

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Re: is solana truly an ethereum killer?
« Reply #3 on: December 25, 2023, 12:22:23 PM »
If I think pessimistically, maybe Solana still feels far from Ethereum, which has so many features and is easier to use on the user interface.
If you look at the comparison of Solana Coins and Ethereum to compare the User Interface, it is still easier to understand Ethereum.
This is also a factor where the Solana coin has not been able to beat the strength of the Ethereum coin, it takes various factors to be able to beat Ethereum, such as the community, investors and various development projects.
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Re: is solana truly an ethereum killer?
« Reply #4 on: December 26, 2023, 04:55:33 PM »
There is still a long way to go for the SOLANA coin to kill the power of Ethereum because Ethereum is already solid and widely owned by various groups.
But in cryptocurrency, nothing is impossible and this will definitely happen, it could also be that next year Ethereum will be replaced by Solana, or Solana will turn into a scam.
Until now, the Solana coin has not been able to beat the dominance of Ethereum, it can only come close and I am also sure that Solana is very loved by its founder, namely Anatoly Yakovenko.
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Re: is solana truly an ethereum killer?
« Reply #5 on: December 27, 2023, 02:12:34 PM »
Solana also has its own evm version, Neon, meaning that Solana is also ready to welcome dapps from Ethereum to switch to using the power of Solana. We have entered a phase where blockchains cooperate to serve the needs of users in the market instead of fighting and destroying each other. I consider Solana, NEAR, Avalanche, Fantom all Ethereum Supporters  8)

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Re: is solana truly an ethereum killer?
« Reply #6 on: December 29, 2023, 07:04:45 AM »
Solana also has its own evm version, Neon, meaning that Solana is also ready to welcome dapps from Ethereum to switch to using the power of Solana. We have entered a phase where blockchains cooperate to serve the needs of users in the market instead of fighting and destroying each other. I consider Solana, NEAR, Avalanche, Fantom all Ethereum Supporters  8)

I agree with you, I also believe in Solana, NEAR, Avalanche, Fantom.
But I don't think Solana will be the Ethereum killer , although has potential to be .
Ethereum is so popular as the second rank on CMC
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Re: is solana truly an ethereum killer?
« Reply #6 on: December 29, 2023, 07:04:45 AM »


Offline shuvenker999

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Re: is solana truly an ethereum killer?
« Reply #7 on: January 04, 2024, 01:46:54 PM »
I think it might be, but not right now and not in just one night like everyone else does. Investing in Solana is a good idea because compared to Ethereum it has lowest gas fees and is a coin that people want I know that Ethereum is the best coin that Solana can't beat it and that investing in Solana is riskier than investing in Ethereum but it is thought that Solana will become more valuable and useful over the next few years Solana says it can handle about 50,000 transactions per second while Ethereum can handle between 15 and 45 transactions per second this can help Solana grow quickly which is one of the most important things for a coin to do if it wants to catch bitcoin and or Ethereum or even pass them.

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Re: is solana truly an ethereum killer?
« Reply #8 on: January 04, 2024, 03:24:16 PM »
The Solana network is fast, but there are security issues that developers need to pay attention to, I'm not sure whether in the future the network will be fast when many projects use the Solana network, transaction costs will increase like ethereum

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Re: is solana truly an ethereum killer?
« Reply #9 on: January 10, 2024, 08:32:41 AM »
The Solana network is fast, but there are security issues that developers need to pay attention to, I'm not sure whether in the future the network will be fast when many projects use the Solana network, transaction costs will increase like ethereum

You're right, I think so.
As you said I don't believe too, solana will fast and cheap when many projects use solana platform.
Many people compare Ethereum to other platforms, but they didn't compare the traffic of them.
Ethereum has been used by many projects and most popular as platform.

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Re: is solana truly an ethereum killer?
« Reply #10 on: January 17, 2024, 07:27:18 AM »
The Solana network is fast, but there are security issues that developers need to pay attention to, I'm not sure whether in the future the network will be fast when many projects use the Solana network, transaction costs will increase like ethereum

You're right, I think so.
As you said I don't believe too, solana will fast and cheap when many projects use solana platform.
Many people compare Ethereum to other platforms, but they didn't compare the traffic of them.
Ethereum has been used by many projects and most popular as platform.
There will always be a problem if the price is high, because, like it or not, it will affect costs even though it may not reduce speed. But it will all be meaningless if you have given your own trust, because you have to remember that usually many people are used to it and don't want to move if it's just a difference. not much, but security and speed could be improved. Actually, both have their own share, and everything will be adjusted to what can be obtained. Even though ethereum gas is quite expensive,  many people still use it because trust is very high.

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Re: is solana truly an ethereum killer?
« Reply #11 on: January 17, 2024, 04:33:19 PM »
Solana also has its own evm version, Neon, meaning that Solana is also ready to welcome dapps from Ethereum to switch to using the power of Solana. We have entered a phase where blockchains cooperate to serve the needs of users in the market instead of fighting and destroying each other. I consider Solana, NEAR, Avalanche, Fantom all Ethereum Supporters  8)
I agree with you, I also believe in Solana, NEAR, Avalanche, Fantom.
But I don't think Solana will be the Ethereum killer , although has potential to be .
Ethereum is so popular as the second rank on CMC
The world has changed a lot in a few years, Ethereum continues to be the liquidity center of this market and other chains want to join Ethereum in serving users rather than competing and creating a less friendly war. Current users can use multiple blockchains at the same time through a Mobile application, the chains need to be connected to each other instead of being separated. Solana also wants Ethereum users to come to Solana to experience it  :)

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Re: is solana truly an ethereum killer?
« Reply #12 on: January 17, 2024, 05:18:46 PM »
You're right, I think so.
As you said I don't believe too, solana will fast and cheap when many projects use solana platform.
Many people compare Ethereum to other platforms, but they didn't compare the traffic of them.
Ethereum has been used by many projects and most popular as platform.

There is 3 components that make up the blockchain which are speed, security and decentralization. All blockchain has it and you can't have all of them at ones in any blockchain, one or two most be compromised to get the remaining one.

Ethereum focus more security but lack decentralization because they are now turn to proof of stake from proof of work which has made the system more centralized and speed is slow, it can only process max of 15 transaction per second which is slow. Ethereum has security but it's centralized by the nodes and speed is poor.

Solana prioritize speed, they have one of the fastest blockchain that can process more than 3000 transaction per second in real time but they don't have security like Ethereum does. That's why it was been hack many times and it's very centralized community.
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Re: is solana truly an ethereum killer?
« Reply #13 on: January 24, 2024, 06:03:59 AM »
just watched this video about cathie wood saying that solana is a faster and better version of ethereum, is that true? given that the ftx fud is gone and big players are starting to work with solana, i think she might actually have a valid claim for once lol


That is an overstatement mate, Killer? lol there have been hundreds of crypto that already tried calling themselves Ethereum killer but ending ? they are dead now or dying lol.
The Solana network is fast, but there are security issues that developers need to pay attention to, I'm not sure whether in the future the network will be fast when many projects use the Solana network, transaction costs will increase like ethereum
and this is not the time for this because SOL needs to prove themselves first in crypto world before claiming that.

Ethereum have been proven to be the most useful aside from bitcoin and the security is really tight that investors and users are assured .


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Re: is solana truly an ethereum killer?
« Reply #14 on: February 04, 2024, 04:37:32 AM »
Sol coin has a long way to go to overtake Ethereum. Ethereum currently ranks second only to Bitcoin in cryptocurrency. Then the current price is above $2300. Also Ethereum has numerous blockchains so it won't be that easy to bypass it. Moreover, Ethereum has a large number of investors and a huge demand for it.

 

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