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One of the founding minds behind Solana Labs has expressed his disagreement with the phrase labeling the Solana network as an “Ethereum killer.” 
In a Dec. 2 post on X, Anatoly Yakovenko said he doesn’t envision a scenario where Solana (<a href="https://crypto.news/price/solana/" target="_blank" rel="noreferrer noopener">SOL</a>) flourishes at the expense of Ethereum’s (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="noreferrer noopener">ETH</a>) demise. 
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Since its official introduction in 2020, Solana’s inherent attributes have led many to hail it as an Ethereum killer, a moniker also attributed to renowned blockchains like Cardano (<a href="https://crypto.news/price/cardano/" target="_blank" rel="noreferrer noopener">ADA</a>), Tezos (<a href="https://crypto.news/price/tezos/" target="_blank" rel="noreferrer noopener">XTZ</a>), Avalanche (<a href="https://crypto.news/price/avalanche/" target="_blank" rel="noreferrer noopener">AVAX</a>), and Polygon (<a href="https://crypto.news/price/polygon/" target="_blank" rel="noreferrer noopener">MATIC</a>).&nbsp; 
Yakovenko, however, labels the term “Ethereum killer” as “lame”, arguing that despite the <a href="https://crypto.news/ethereum-versus-solana-similarities-and-differences/" target="_blank" rel="noreferrer noopener">similarities</a> between Solana and Ethereum, the latter won’t be eclipsed by the former. 
Yakovenko expressed concern over the growing tension, which he likened to a “cold war,” between Ethereum and other blockchain protocols, including Solana. He argued that such hostile narratives hinder the overall growth of the shared digital ecosystem. 
The <a href="https://www.forbes.com/advisor/in/investing/cryptocurrency/what-is-solana/" target="_blank" rel="noreferrer noopener">Solana</a> co-founder views the connection between his blockchain and Ethereum as a path to shared growth and advancement.&nbsp; 
 You might also like: <a href="https://crypto.news/solana-reaches-18-month-highs-amid-dominating-short-positions/"> Solana reaches 18-month highs amid dominating short positions </a> 
Although blockchain technologies like SOL and ETH, with their similar features, may appear to be in direct competition, Yakovenko insists that one’s success does not necessitate the other’s failure. He reinforced his stance with the concept of Pareto efficiency, explaining that technologies can share features and compete without causing harm.&nbsp; 
He also spoke enthusiastically about the advancements in blockchain technology, notably <a href="https://ethereum.org/en/roadmap/danksharding/" target="_blank" rel="noreferrer noopener">danksharding</a>, an Ethereum scaling solution aimed at increasing transactional capacity by providing more storage for roll-up transactions.&nbsp; 
He sees a future where such technology could accommodate all of Solana’s data, further reinforcing his belief in technological coexistence.&nbsp; 
At one point, the Solana network, developed to provide smart contract functionalities akin to the Ethereum network, outperformed the Ethereum mainnet in terms of speed and power efficiency, courtesy of its <a href="https://crypto.news/learn/proof-of-work-vs-proof-of-stake/" target="_blank" rel="noreferrer noopener">proof-of-stake</a> (PoS) consensus system.&nbsp; 
At that time, Ethereum utilized the more power-hungry <a href="https://crypto.news/learn/what-is-proof-of-work/" target="_blank" data-type="link" data-id="https://crypto.news/learn/what-is-proof-of-work/" rel="noreferrer noopener">proof-of-work</a> (PoW) consensus method and could only process approximately 30 transactions per second, a fraction of Solana’s more impressive 50,000 to 65,000 transactions per second.&nbsp; 
 Read more: <a href="https://crypto.news/buterin-nft-collection-surge-ethereum-gas-fees/"> Vitalik Buterin NFT collection triggers surge in Ethereum gas fees </a>

Ethereum ‘killer’ label is lame, says Solana Labs co-founder

crypto.news

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