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Topic: Can Solana be the next Ethereum??? - page 4. (Read 1665 times)

legendary
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October 19, 2022, 01:31:52 AM
Solana have already made itself one among the strong project in the market securing top position. Solana founder Anatoly Yakovenko have come forward about the ethereum killer narrative. Solana is not actually trying to kill Ethereum. The creators of Solana try to develop it in direct competence and not in the event of killing ethereum. As ethereum is the market leader, Solana make comparisons their level with that of ethereum which keeps them progressive.

Solana Founder Says It Is Not An ‘Ethereum Killer’
legendary
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October 15, 2022, 09:35:20 PM
Still hard to compare though, i mean Ethereum is what we call prime mover, the first one to introduce this kind of dapps in crypto sphere.

And although there has been a lot of projects that really challenge Ethereum like Solana, still Ethereum is on the top of the food chain as far as altcoin goes. Solana is good no doubt about it, but i don't see it to be the next Ethereum. It's better if Solana will have it's own identity to be honest. And just continue to developed in the next coming years and not thinking to overthrow Ethereum.

You're absolutely right, my friend. Ethereum has first mover advantage just like Bitcoin. It's impossible to take down its place as the world's second-largest cryptocurrency by market cap, simply because it has solid backing from investors, traders, and the community itself. It's the one smart contracts platform which started the NFT, ICO, and token craze. If Ethereum weren't conceived by Vitalik, we wouldn't had any of this stuff. You can consider ETH as the original project, while the rest are simply "copycats". Just because Solana is faster and cheaper to use doesn't mean it's better. Remember, it's quality, not quantity. All these other platforms are able process large amounts of transactions per second, but most (if not all) are the same quality as Ethereum. It's this reason why Solana nor any other competitor will be able to "beat" Ethereum in the foreseeable future. At least, the competition is healthy. The more platforms emerge, the stronger the Blockchain space will become. As long as decentralization prevails, nothing else matters. Just my thoughts Grin
hero member
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October 14, 2022, 02:26:54 PM
A newbie like some of us who studied the growth pattern of ethereum from the start would say solana has done so perfectly well in term of development and growth in price and value. Solana will surely be far far beyond ethereum in the future.

Still hard to compare though, i mean Ethereum is what we call prime mover, the first one to introduce this kind of dapps in crypto sphere.

And although there has been a lot of projects that really challenge Ethereum like Solana, still Ethereum is on the top of the food chain as far as altcoin goes. Solana is good no doubt about it, but i don't see it to be the next Ethereum. It's better if Solana will have it's own identity to be honest. And just continue to developed in the next coming years and not thinking to overthrow Ethereum.
member
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October 14, 2022, 11:41:05 AM
Ethereum will always be number one and everyone also knows that,
until now even though Binance is the top contender because indeed Binance Smart Chain is better for now,
but unfortunately Binance capitalization with Ethereum still can't reach it,
so this is why Solana doesn't have a good reason to could replace Ethereum, for now!.
legendary
Activity: 966
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October 14, 2022, 09:40:31 AM
AaA booring question haha. No bro not at SOL cant be ETH as ETH far more developed  in terms of each and everything. SOL network is be like a Buggy system which continuous to shut down always and SOL is not even able to fix it. Yeah now after ETH 2.0ETH can same as SOL..
sr. member
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October 14, 2022, 05:51:23 AM
Solana quickly became a favorite among many investors, Does it became the next Ethereum Huh Huh Huh
Until now I still believe in Ethereum, even though Solana has a better speed than Ethereum, but some things you need to know are the lack of security level on Solana's network makes me worry about many things, Solana has more than 2x experienced congestion on the network due to the large number of transactions , and it makes me ask how the team disabled the chain, is it safe for future transaction systems? I do not think so.
even though Ethereum has changed its algorithm from PoW to PoS Ethereum will still be the best platform on the blockchain and even better than Solana,
especially yesterday Solana's network was also hit by hacker attacks, of course this makes Solana shaken and investors will also think twice.
sr. member
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October 13, 2022, 10:29:57 PM
Solana Project, which is still new and has not reached 2 years, but the market welcome is fantastic so it only takes 7 months to enter the top 10 ranking, of course we hope that solana can become the next or even defeat ETH.
Solana came to the crypto market with a good situation. it supports the hype they created with the adoption of several new projects. even every project that they first released, will always be booming. many of the investors started to enter Solana.
but now the situation might be different. Solana is having some network issues. coupled with a fairly bad market situation.
regarding the use of blockchain, I think Solana still has weaknesses. but indeed the ecosystem is growing quite rapidly.
legendary
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October 13, 2022, 09:34:15 PM
Solana blockchain has a very high speed with about 65,000 TPS,  and the network shutdown when it attempted to do a 400,000 TPS and keeps crashing ever since, I understand good technology takes  time to advance with constant development. Ethereum has a superior technology than Solana. ETH and Solana are not in same class.

I wouldn't say ETH "has a superior technology than Solana", simply because it has a very limited transaction capacity. The only advantage ETH has over Solana because it's decentralized and reliable blockchain network for day-to-day payments. It hasn't experienced a single network outage (as far as I know), even after the PoS upgrade was implemented a month ago. Solana is just an overhyped cryptocurrency that doesn't take network security too seriously. It's only focused on speed and cost-efficiency.

VCs and institutional investors like Solana because it's the highest-performing blockchain in the world. They don't care about the outages as long as they're able to make the most money out of it. Even Solana's developers aren't that interested in putting an end to network outages for good. The project is far from being "the next Ethereum" simply because it's unreliable. I'd say Cardano would be a much better alternative than Solana. People are free to choose the blockchain they want, so ultimately the market will decide which coin will stay at the top and which one will go all the way down the drain. Just my thoughts Grin
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Christ The King
October 12, 2022, 08:09:26 AM
Solana blockchain has a very high speed with about 65,000 TPS,  and the network shutdown when it attempted to do a 400,000 TPS and keeps crashing ever since, I understand good technology takes  time to advance with constant development. Ethereum has a superior technology than Solana. ETH and Solana are not in same class.
jr. member
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October 11, 2022, 01:26:34 PM
Solana quickly became a favorite among many investors, Does it became the next Ethereum Huh Huh Huh

In my opinion, it is not possible solana will be the next Ethereum. Recently Solana price will be crash and Ethereum popularity will be huge and its investors will be gained day by day.
legendary
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October 04, 2022, 09:20:12 PM
lol Solana is dead. I don't know what is wrong with it but it is clear the way they designed it is fundamentally broken. Since November last year it has broken a lot. I think the recent break from a few days ago was the first in a while, but it has broken something like a dozen times since the first one last Fall.

After that first break and shutdown last Fall the devs said they'd fix the problem, so I thought it was a specific problem that they could account for. But then it kept breaking every 2 or three weeks for the most part. It is clear it's not a problem to fix, but a flaw in how they designed the system.

A blockchain that has to shutdown regularly is not something that will ever be useful or attain a lot of value. For a few months last year Solana got popular because some NFTs blew up on it. But that's all it ever had. Now it's a blockchain that doesn't even work. I don't expect it to ever get back to its ATH. And it certainly won't ever be a serious competitor to Ethereum. There are plenty of smart contract platforms that actually work who can try to be Ethereum competitors, Solana doesn't match that description.

Exactly. Solana is broken by design. You can't expect it to last forever if network outages become a daily issue. I don't get why SOL is still among the top ranks in market cap, when it's completely unreliable for mainstream payments. Whales must have some benefit by keeping SOL that way. People should just focus on Ethereum, since it's the one smart contract platform that hasn't experienced an outage or downtime since its inception.

Of course, the ETH blockchain is less-decentralized with the PoS upgrade. But it's still a better choice than Solana or any of its competitors. I think Cardano is better suited to compete against Ethereum than Solana itself. It's reliable, secure, and decentralized. If only people knew Cardano's hidden potential, the cryptocurrency's price would've soared to new heights. At least, people have a choice. As long as decentralization prevails, nothing else matters. Just my thoughts Grin
hero member
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October 03, 2022, 10:27:54 AM
lol Solana is dead. I don't know what is wrong with it but it is clear the way they designed it is fundamentally broken. Since November last year it has broken a lot. I think the recent break from a few days ago was the first in a while, but it has broken something like a dozen times since the first one last Fall.

After that first break and shutdown last Fall the devs said they'd fix the problem, so I thought it was a specific problem that they could account for. But then it kept breaking every 2 or three weeks for the most part. It is clear it's not a problem to fix, but a flaw in how they designed the system.

A blockchain that has to shutdown regularly is not something that will ever be useful or attain a lot of value. For a few months last year Solana got popular because some NFTs blew up on it. But that's all it ever had. Now it's a blockchain that doesn't even work. I don't expect it to ever get back to its ATH. And it certainly won't ever be a serious competitor to Ethereum. There are plenty of smart contract platforms that actually work who can try to be Ethereum competitors, Solana doesn't match that description.
hero member
Activity: 2128
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October 03, 2022, 07:08:53 AM
Solana quickly became a favorite among many investors, Does it became the next Ethereum Huh Huh Huh
It can't be any way. Today I can't say that only Solana development is happening. Every good projects and their teams are trying their best to get the better position. In this case if I pronounce in the same way that Ether is going to be the next Bitcoin? Of course not. Solana and Ether are each better from each other's position and every one has a chance to go to a better position as well but remember no one can take someone's position.
sr. member
Activity: 1183
Merit: 251
October 03, 2022, 02:50:23 AM
Any coin have its supportive at the heathway of agreement but what I know is that in all bitcoin is there monster and if it's called refused to increase none of them will have the ability to increase likewise the second-in-command in cryptocurrency which is popularly known as Ethereum, and Solana we know have good value but it can't take over Ethereum
Anything has its own place. People are so dumb by always comparing ethereum and solana. If ethereum will be fully improved on its scalability and we don't really need solana at all. I guess you must also aware about this too. People are only looking for profit.
In my opinion if it has been known as an effort from those people who hold solana to get more demands from ethereum holders
legendary
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October 02, 2022, 05:02:18 PM
We, as end users, have some justified demands. We want to use a cheap, fast and secure blockchain. Since Ethereum is not cheap and fast, we look for alternatives, but sometimes we overlook the fact that alternatives other than Ethereum have security vulnerabilities. Fortunately, we are not decision makers playing an active role in the market. Therefore, Ethereum cannot be surpassed by others.

I think a cryptocurrency aiming to surpass Ethereum need not convince us. Those who claim to be an alternative to Ethereum should convince the developers of Blockchain. We follow them somehow.
hero member
Activity: 2324
Merit: 504
October 02, 2022, 01:29:12 PM
honestly this statements doesn't make sense since ethereum isn't going anywhere, solana has higher chance of having its value gone than eth since eth having already went through various of corrections and still exists until today.
moreover, eth keeps having updates in their smart contract platform, solana will just be solana, same with eth.
member
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October 02, 2022, 01:12:57 PM
For now Ethereum is still the second largest among all cryptocurrencies, but Solana is still far behind Ethereum.
Although it offers fast processing and low gas fees, after Sol has repeatedly cut out the network, i think this will have a bad impact for users.
but it is possible that Solana will continue to grow and become great one day, let's just see how it develops in the future.
i thinks, maybe it's too early to judge Solana will be the next Ethereum.
sr. member
Activity: 1624
Merit: 261
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October 02, 2022, 01:01:53 PM
I don't think it will be possible, it's just a euphoria from Solana's supporters, although I admit that cheap transactions on the Solana network are quite good but sometimes it's not always good when the Solana network is always having problems and problems as an example here
https://twitter.com/SolanaStatus/status/157601034024884481?s=20&t=d38vNAxF1EB9AkU-qMjlUg

solana is fast becoming a favorite but will soon be abandoned due to bad work but I'm not a FUD I'm just stating facts, I've sold my solana and don't expect it to be the next ETH
member
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October 02, 2022, 11:09:37 AM
Solana quickly became a favorite among many investors, Does it became the next Ethereum Huh Huh Huh

I am very confused with questions like this. why so many people have thoughts like this. why should equate 1 coin with other coins. I think that having thoughts like this is a wrong thing. because the growth of altcoins has a different way and character. so let's not equate ethereum and solona because forever solona will still be solona and ethereum will continue to be ethereum.
copper member
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September 24, 2022, 12:44:19 AM
I doubt it can be the next Ethereum. Why do we actually need "another" Ethereum? We already have one. Why not focus on something else. Why not make something better than Ethereum instead of the next Ethereum? Ethereum seems to be doing fine right now. When the next phase of the Ethereum merge takes place (sharding and the rests), it will have solved most of it's problem.
Solana network has a lot of issue filled with congestions and outages. A network that can't run smoothly has no chance of taking over Ethereum. It will be "just another coin" trying to be Ethereum.
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