Vitalik: Solana has much lower demand for decentralization compared to ETH, Ethereum is the only one comparable to BTC

Ethereum founder Vitalik Buterin said Ethereum has the advantage of being more decentralized, more neutral and more secure than Solana. (Abstract: Scholars shout "Nobel Prize in Economics" should be nominated for Vitalik: Ethereum has made extraordinary contributions to the economics of goods) (Background supplement: Vitalik's full text: from prediction markets to "information finance") Ethereum founder Vitalik Buterin recently told Foresight News that "Solana is getting stronger, Many people think it has become Ethereum's most important competitor," Vitalik said that Ethereum is actually more decentralized than Solana: First, running Solana's Node is much more difficult than running Ethereum's Node; Second, Solana's PoS Consensus Mechanism is more centralized; and third, Solana More about the community is directly supported by the Solana Foundation. Vitalik: Ethereum is not the highest performance L1 In response to his own opinion, Vitalik first explained that Solana prefers applications: They are very application-oriented, they like to talk about DePIN, and what they do DePIN is to work with some big companies, sell some hardware, and work with communication companies to make a new Internet. These applications all have a feature, they have a much lower demand for Decentralization than Ethereum, and I think some of the market goals they pursue are really different from Ethereum. Vitalik went on to point out that Ethereum isn't the highest-performing L1 on the market either: If you want the highest-performing L1 on the market, Ethereum will never meet your requirements. You only have two options, the first is to go to other high-performance block chains, and the second is to choose Ethereum L2, including Arbitrum, Base, etc. However, Vitalik emphasized that Ethereum will be a decentralized, neutral, and secure block chain in the long term: so what other faster Block chains can't do? I assure you that it will be a decentralization, neutral and very secure block chain for the long term. Ethereum L1, not the best place for high-performance applications... Ethereum's architecture is just that, it's decentralized, neutral, and secure, and Ethereum should be the only one that can compete with BTC. Ethereum vs. Solana Coin Price Comparison While Vitalik's claim does have merit, whether it can be reflected in the coin price is another matter. Since the current round of Bull Market, ETH's trend is indeed not as good as SOL. According to CoinGecko data, with the arrival of Bull Market, Ethereum has only 55.6% of the coin price rise in the past 1 year and 19% in the past 1 month. Ethereum trend On the SOL side, after returning from the bear market, the coin price has risen by 240% in the past 1 year, and the rise has reached 37.5% in the past 1 month, and the current coin price has exceeded $200. SOL trend Analysis of the reasons, Ethereum in this round of Bull Market, ecological development has indeed slowed down, coupled with L2 blood sucking, Whale and Ethereum Foundation continue to dump, investors' confidence in ETH is inevitably affected; On the other hand, Solana, in this round of Bull Market, seized the meme coin boom, coupled with the ecological Saga mobile phone, DePIN, Tokenissuance platform Pump.fun, etc., bringing investors multiple wealth effects, coin prices are naturally also incentivized to rise. Related reports Ethereum funding rate soars to 8-month high? Four major data reveal the current status of ETH demand ETH is going to fly? US Ethereum spot ETF single-day net inflow of 295 million US dollars, a record high 86.7% win rate, Whale "layout ETH" 5.42 million magnesium! Ethereum is poised for a new all-time high? "Vitalik: Solana has a much lower demand for Decentralization than ETH, Ethereum is the only one comparable to BTC" This article was first published in BlockTempo, "Dynamic Trends - The Most Influential Block Chain News Media".