Solana Founder Warns Against “ETH Killer” Narrative

Solana founder Anatoly Yakovenko made a post on the X app warning the public about sparking a cold war between Ethereum (ETH) and other protocols including Solana (SOL) which are generally referred to as ‘ETH Killer” 

SOL and ETH Can Co-Exist

In Yakovenko’s opinion, pushing such narratives against Ethereum is lame as it harms the ecosystem. He suggested that protocols could coexist without challenges or threats of killing each other. 

“Pareto efficient technologies can have overlapping features and will compete, but that’s all ok. I don’t see a future where solana thrives and somehow eth dies,” the Solana co-founder said.

Don’t bring back last cycle “eth killer” bs. It’s lame. Pareto efficient technologies can have overlapping features and will compete, but that’s all ok. I don’t see a future where solana thrives and somehow eth dies. I am such a techno optimist that I am certain that…

— toly 🇺🇸 (@aeyakovenko) December 2, 2023

Furthermore, Anatoly expressed positivity in a future where “Danksharding,” a technology that allows blockchain technology to add cheaper blocks, will have enough bandwidth that accommodate all of Solana’s data. To put it in perspective, danksharding is an Ethereum rollup scaling method where transactional throughput is expanded through the provision of additional storage space for roll-up transactions. 

Yakovenko’s statement on Ethereum underscores the fact that SOL and ETH can coexist and even overlap without any inconveniences. 

Solana Founder Douses ETH Rivalry Push

Despite the growing industry eulogy for Solana, Yakovenko has warned the community members against instigating unhealthy rivalry with the Ethereum protocol. 

This was when MakerDAO Co-founder and CEO Rune Christensen announced plans to fork the protocol’s NewChain on the Solana blockchain, away from Ethereum. The news sparked some reactions from Solana proponents who saw the transition as a battle of the best.

Yakovenko immediately pointed out that it was a general win for open source. “I really hope that people in the Solana community don’t use this as some cudgel to attack Ethereum,” he said at the time. 

In October, one Ethereum community member identified as jebus.eth tried to take a jab at Solana by referring to it as a “Coallition of poors and wealthy ppl who don’t understand where value actually comes from or how to create it, just that the things I want should be cheap.” 

However, the Solana co-founder was quick to respond to him, emphasizing the fact that his protocol is a pursuit of an entirely stateless digital realm, where unhindered communication and transactions flow freely among the people, liberated from the control of capitalist middlemen and government surveillance.

✓ Share:

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.