Solana vs Ethereum

The second largest cryptocurrency by market capitalization has long been criticized by the community for the slow development of its ecosystem. This week, this thesis was confirmed by Ethereum developer Max Reznik.

He announced that he would leave the ConsenSys team and join the company Anza, focused on Solana.

"I'm tired of Ethereum losing to Solana. I want us to start winning again. But that means we need to start playing our game, not theirs," Reznik wrote.

According to him, the ecosystem has "ground to dust" the original vision of blockchain as a "public financial substrate for a new world." The developer also criticized Ethereum's approach to decision-making five steps ahead, given the speed of technological development.

Reznik called on the remaining team members to return to Ethereum's original course and outlined five main goals for the network:

processing blocks in one second;

finalization in one slot;

throughput of over 1000 transactions per second.

Of the 39,148 new hires that entered the industry this year, 7,625 have taken on projects in Solana. This is the first time since 2016 that the network's ecosystem is growing faster than Ethereum.