• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Anatoly Yakovenko is against the rivalry between the Solana and Ethereum blockchains

Anatoly Yakovenko is against the rivalry between the Solana and Ethereum blockchains

user avatar

by Max Nevskyi

2 years ago


The CEO of Solana has expressed the opinion that criticizing ideas by contrasting them with Ethereum is impractical, as it can damage the entire cryptocurrency sphere. He is convinced that different protocols can coexist without posing a threat to each other. Yakovenko also spoke positively about the "danksharding" technology, which helps better scale the blockchain and increases its throughput, important for hosting Solana data.

Yakovenko emphasized that technologies operating on the Pareto principle (20% of efforts yield 80% of the result) can have similar characteristics and compete with each other, which is a normal phenomenon. He also believes that the future can include the prosperity of both Solana and Ethereum.

Previously, Rune Christensen, co-founder and CEO of MakerDAO, suggested using Solana's code for the NewChain project, despite a long-standing collaboration with Ethereum. This proposal sparked lively discussions among Solana supporters, some of whom saw it as preparation for competitive struggle. However, Yakovenko stated that this represents a common victory for open source and that the Solana community does not intend to use MakerDAO as a tool to attack Ethereum.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Political Dynamics Threaten Progress of Clarity Act

chest

Scott Bessent warns that the upcoming midterm elections could jeopardize the progress of the Clarity Act, especially if Democrats gain a majority in the House.

user avatarLuis Flores

US Treasury Secretary Advocates for Clarity Act Amid Crypto Market Volatility

chest

US Treasury Secretary Scott Bessent emphasizes the need for the Clarity Act to stabilize the volatile crypto market.

user avatarArif Mukhtar

Bitcoin Market Faces Bearish Phase Amid Price Drop

chest

Speculations arise that the cryptocurrency market has entered a bearish phase following a significant drop in Bitcoin's price.

user avatarMaria Gutierrez

Mixin Network Announces Compensation Plan for Hack Victims

chest

Mixin Network has initiated a debt registration and repayment process for users affected by the September 2023 hack, offering compensation in stablecoins and tokenized claims.

user avatarDavid Robinson

Mixin Hacker Wallet Transfers $385 Million to Tornado Cash

chest

A wallet linked to the 2023 Mixin hack has transferred $385 million to a new wallet, which then sent the funds to Tornado Cash.

user avatarAndrew Smith

Goldman Sachs Invests Heavily in Solana Spot ETFs

chest

Goldman Sachs has made substantial investments in Solana Spot ETFs, totaling approximately $108 million, indicating a growing interest in altcoins and a shift towards broader crypto adoption by traditional financial institutions.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.