Ethereum Foundation Researcher: The Golden Age of Solana is Coming to an End
Crypto media The Defiant tweeted today (29) 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, the Lindy effect (historical longevity), and its monetary properties; while Beam Chain focuses on maximizing the efficiency of Ethereum Layer 1, making its competition with Bitcoin more direct. On the other hand, Solana is performance-centric.
In my mental model, Solana's competitors are actually Ethereum's Layer 2, not Layer 1 itself. The good news for Solana is that it has performed exceptionally well on two key performance metrics in the past year or two: latency and throughput.
Solana's Advantage is No More: Latency and Throughput
Justin Drake:
In terms of latency, Solana has a very short slot time (interval). However, for Ethereum, the arrival of the pre-confirmation mechanism will significantly improve latency, even surpassing Solana. Currently, Solana's average latency is 200 milliseconds. But the pre-confirmation mechanism will reduce latency to nearly 10 milliseconds, meaning there will be a 20-fold improvement in slot latency.
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