Ethereum Foundation researcher: Solana's golden age is coming to an end and will not pose a threat to Ethereum

2024-12-05 08:08:02

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ChainCatcher news, according to The Block, Ethereum Foundation researcher Justin Drake stated that Solana's golden age is coming to an end and will not pose a threat to Ethereum. Despite Solana's strong development momentum, Drake emphasized that Ethereum focuses 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 Solana's competitive advantages in latency and throughput will disappear due to fundamental architectural differences that make it non-scalable." Currently, Ethereum developers are heavily relying on Layer 2 to provide faster and cheaper transactions.

Drake stated, "I believe Layer 1 is competing with Bitcoin, while Layer 2 is competing with Solana. Therefore, competing with Solana is not even within the scope of Layer 1's responsibilities; we should compete on security and health. So if Solana has any competition, it needs to come from applications and Layer 2."

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