Ethereum Foundation Researcher: The Golden Age of Solana is About to End

Crypto media The Defiant tweeted today (29th) that in the latest episode of the Podcast, Ethereum Foundation researcher Justin Drake discussed how Ethereum Layer 2 surpasses Solana in terms of latency and throughput, and bluntly stated that the golden age of Solana is coming to an end:

Bitcoin, Ethereum, and Solana: Different Focuses of Competition

Justin Drake:

If I were to summarize this competition, I would say: on one hand, Bitcoin's competitive advantage lies in its stability, Lindy effect (historical durability), and monetary properties; while the focus of Beam Chain is to maximize the efficiency of Ethereum Layer 1, thus its competition with Bitcoin is more direct. On the other hand, Solana centers around performance.

In my mind's model, Solana's competitor is actually Ethereum's Layer 2, not Layer 1 itself. The good news for Solana is that it has performed excellently on two key performance indicators in the past couple of years: latency and throughput.

Solana's Advantages No Longer Exist: Latency and Throughput

Justin Drake:

In terms of latency, Solana has a very short slot time (time interval). However, for Ethereum, the arrival of pre-confirmation mechanisms will greatly improve latency, even surpassing Solana. Currently, Solana's average latency is 200 milliseconds. But the pre-confirmation mechanism will reduce latency to close to 10 milliseconds, which means there will be a 20-fold improvement in slot latency.

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