In the fast-evolving world of blockchains, Ethereum, Solana, and Sui are leading players. Each blockchain has unique characteristics and technologies that attract different users and developers.
Technical Foundations of Blockchains
Ethereum pioneered the use of smart contracts through the Ethereum Virtual Machine (EVM). It employs an account-based model that simplifies development, and with the transition to Proof-of-Stake (PoS), it has improved security.
Solana is optimized for high speed and efficient transactions through Proof-of-History, enabling it to process tens of thousands of transactions per second.
Sui employs an object-oriented model based on the Move programming language, allowing rapid updates and verification of assets.
Transaction Speed and Scalability
Ethereum processes about 15 transactions per second with a block time of 12 seconds. Solana shows significantly higher results — up to 65,000 TPS with an average block time of 400 ms. Sui, on the other hand, achieves throughput levels exceeding 100,000 TPS, making it one of the fastest in the industry.
Real-World Use Cases
Ethereum remains home to the largest DeFi protocols and popular NFTs. Solana is widely used in entertainment and financial applications due to its speed and low fees. Sui actively develops the Web3 ecosystem and designs solutions for gaming and composable NFTs.
Ethereum, Solana, and Sui offer different opportunities and advantages. Choosing the right platform depends on user needs and the tasks they aim to accomplish.
