Justin Drake, a researcher at the Ethereum Foundation, said in a recent podcast that Solana’s golden age may be coming to an end because Solana’s two major advantages, “latency” and “throughput,” are about to be surpassed by Ethereum Layer 2. (Preliminary summary: Ethereum mad bull started? ETH surged 13%, the top ten tokens were the strongest, ENS, Puffer... ecological coins surged 50%) (Background supplement: Vitalik: Solana has lower demand for decentralization than ETH Many, Ethereum is the only one comparable to Bitcoin) In this bull market, the public chain Solana, relying on its advantages of fast transaction speed and low gas fees, dominates most of the traffic of the meme season craze, and on November 22 The price of SOL token exceeded $260, setting a new all-time high. On the other hand, Ethereum, the first public chain, has not made any significant breakthroughs in its recent ecological development. Coupled with the high gas fee problem, users on the chain have avoided it, which has led to the continued slump in the price of Ethereum. However, Ethereum Foundation researcher Justin Drake recently said that Solana’s good days may be coming to an end. Ethereum Foundation researcher: The golden age of Solana is about to end. Encryption media The Defiant tweeted today (29th) that in the latest podcast, Ethereum Foundation researcher Justin Drake discussed how Ethereum Layer 2 improves latency and throughput. surpassed Solana and bluntly stated that Solana’s golden age is coming to an end: Bitcoin, Ethereum and Solana: The focus of competition is different Justin Drake: If you want to sum up this competition, you can say this: On the one hand, Bitcoin’s competitive advantage lies in its stability nature, Lindy effect (historical persistence) and currency properties; and the focus of Beam Chain is to maximize the efficiency of Ethereum Layer 1, so it competes more directly with Bitcoin. Solana, on the other hand, is performance-focused. In my model, Solana’s competitor is actually Ethereum’s Layer 2, not Layer 1 itself. The good news for Solana is that it has performed well over the past year or two on two key performance metrics: latency and throughput. Solana’s advantage is no longer: 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-confirmations will significantly improve latency, even surpassing Solana. Currently, Solana's average latency is 200 milliseconds. But the pre-acknowledgement mechanism will reduce latency to close to 10 milliseconds, which means a 20x improvement in slot latency. In terms of throughput, we’ve seen Layer 2 boom this year. There is a website rollup.wtf that shows the increase in throughput from a computational perspective (measured in gas per second). Ethereum’s goal is for the entire ecosystem to handle as many transactions as possible, and Layer 2 has already demonstrated its ability to scale horizontally. Currently, the overall throughput of Layer 2 is already about 100 times higher than that of Ethereum Layer 1, and it is likely to grow to 1000 times or even 10,000 times next year. This is a sustainable and scalable architecture. Solana, meanwhile, has adopted a strategy of concentrating all activity on a single server. Each validator node requires a large server to handle all activity, but these servers are already maxed out and cannot significantly increase throughput. I don’t think Solana will be able to increase its gas limit 10x next year, while Ethereum will most likely expand its overall gas limit 10x through Layer 2. In conclusion, we may be about to see the end of Solana's golden age, as the two performance metrics it once boasted will no longer be competitive. Interestingly, Solana co-founder Anatoly Yakovenko also quoted a tweet from The Defiant with a picture saying: Solana’s golden age is over, and the era of multi-signature has arrived. This tweet seems to be sarcastic, implying that the Ethereum Foundation lacks actual results and will only use the statement that "Ethereum is about to surpass Solana" to motivate users and developers in its ecosystem. (Note: The Ethereum ecosystem attaches great importance to technologies such as multi-signature and account abstraction) The golden age of solana is over, the time of the multisig has come. https://t.co/Z7qTldr4fX pic.twitter.com/Z96dFEtdwx — toly (@aeyakovenko) November 29, 2024 The Ethereum Foundation invests tens of millions of dollars in zkVMs. On the other hand, Ethereum Foundation researcher Justin Drake also tweeted today (29th) that the Ethereum Foundation is investing in the zkVMs project Tens of millions of dollars, including zkRISC-V formal verification, Poseidon cryptanalysis, and L2beat for zkVMs. The EF is investing tens of millions into zkVMs:https://t.co/XDaHyurNK9—zkRISC-V verificationhttps://t.co/ML0PUqliRb—Poseidon cryptanalysishttps://t.co/0Qns6MCIuu—L2beat for zkVMs, soon DM me about contributing to zkVM public goods — Justin Ðrake (@drakefjustin) November 28, 2024 Related reports Bitcoin is holding on to $95,000, Ethereum is temporarily stalled, five major data suggest that $90,000 or the bottom of the BTC stage, the Ethereum mad bull has started? ETH surged 13%, the top ten tokens were the strongest, ENS, Puffer... ecological coins surged 50%, Solana spot ETF went from almost hopeless to "expected before the end of 2025". What are the current challenges? "Ethereum Foundation Researcher: The golden age of Solana is over! The two major advantages will be surpassed by ETH L2." This article was first published in BlockTempo (Dong District Dongzhu - the most influential blockchain news media).

#ETH