Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»The Solana founder stated that SOL outperforms Ethereum in this key metric.
ETHEREUM NEWS

The Solana founder stated that SOL outperforms Ethereum in this key metric.

By Crypto FlexsJune 22, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The Solana founder stated that SOL outperforms Ethereum in this key metric.
Share
Facebook Twitter LinkedIn Pinterest Email

Solana founder Anatoly Yakovenko said: declare that SOL has surpassed Ethereum.The world’s second-largest cryptocurrency by any metric that matters – an economic barrier to honest nodes participating in consensus.

Solana outperforms Ethereum by 10x on this metric.

According to Yakovenko, the economic barrier for honest nodes to participate in consensus on Solana is currently 10 times higher than on Ethereum. In general, blockchains are: Ethereum and Solana It uses a distributed network of computers, also known as nodes, to verify and record transactions. This entire process is called consensus, and all nodes in the network work together to Blockchain performance And security.

However, Yakovenko suggests that not all nodes are the same and that participating in a blockchain’s consensus process is typically prohibitively expensive. These costs are typically inflated by the cost of running powerful hardware and energy consumption.

The Solana founder also stated: brushThe expensive nodes are largely due to Ethereum’s investment in Boneh-Lynn-Sacham (BLS) aggregation for consensus messages.

Boneh-Lynn-Sacham is a cryptographic signature scheme utilized by Ethereum that allows users to verify the level of authenticity of the signer. In particular, the BLS system can archive independently verified messages. Node validator.

report Ethereum community member and investor Ryan Berckmans revealed how expensive it is to run a Solana validator. He stated: Solana Foundation We are currently supporting the blockchain financially, as it costs over $65,000 per year to run a validator.

Yakovenko revealed undefined plans to adopt a more efficient consensus mechanism to address the higher voting costs. He stated that as hardware improves, the lower bound fee for sending a validator message to the entire cluster will eventually decrease. As a result, the cost per vote can be reduced and the economic barrier to node participation in Solana can be lowered.

The Solana founders also stated that establishing voting subcommittees could lower voting fees and potentially reduce voting burden by rotating boxes in and out of committees.

ETH and SOL witnessed a slight decline.

In recent years Ethereum price Solana has been witnessing a slight decline in the cryptocurrency market, highlighting the diminishing demand for these cryptocurrencies. At the time of writing, Solana recorded a significant weekly decline of 12.91%, bringing the price down to $150.5.

light Solana’s withdrawal It comes amid heightened market volatility and slowing investor demand for cryptocurrencies. Despite the decline, cryptocurrency analyst Ali Martinez is optimistic about Solana’s future prospects. Martinez is predicted For popular cryptocurrencies, prices are likely to surge by up to 53%.

On the other hand, Ethereum continues to decrease in value Even though the U.S. Securities and Exchange Commission (SEC) recently approved a spot Ethereum ETF (secretary). Latest update Currently, the price of Ethereum is trading at $3,485, showing a significant weekly decline of 9.49%.

SOL price falls amid bearish pressure | Source: SOLUSDT on Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum MVRV has 1.20–1.25 and suggests that Market Peak is not visible.

July 6, 2025

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025
Add A Comment

Comments are closed.

Recent Posts

From Wall Street to Wallet: Ark Defai redefines financial architecture.

July 7, 2025

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025

Crypto Price Prediction Strategies – How Traders Forecast The Market

July 6, 2025

Causes, History, And How To Survive

July 6, 2025

A Guide To High-Risk, High-Reward Strategies

July 6, 2025

Ethereum MVRV has 1.20–1.25 and suggests that Market Peak is not visible.

July 6, 2025

Bitcoin holders reach $ 1 trillion in paper gains.

July 6, 2025

It flashes again in July

July 6, 2025

AAS MINER Rolls Out 2025 AI Cloud Mining Plan — Fully SEC-Compliant, Risk-Controlled, And Tailored For Crypto Enthusiasts

July 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

From Wall Street to Wallet: Ark Defai redefines financial architecture.

July 7, 2025

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025
Most Popular

AI powerhouses take center stage. Kaspa (KAS) will also join.

February 12, 2024

Discover the Hidden Gems of ViaCoin: The Next Cryptocurrency? – DeFi information

February 3, 2024

Best Meme Coins to Invest Today Tuesday, June 11 – Catgirl, Shrimp, Crepe, Dogeverse

June 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.