Ethereum

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 <p class="paragraph">Various incidents in which communities or certain prominent crypto personalities take potshots at each other are far from unheard of in 2024.</p>
 <p class="paragraph">Perhaps the most prominent example came in late February and involved the founder of crypto exchange BitMEX, Arthur Hayes, and the founder of blockchain Cardano (ADA), Charles Hoskinson.</p>
 <p class="paragraph">April brought forth a new battle, this time in the form of a video produced by the <em>Superteam </em>Solana (SOL) <a rel="noopener noreferrer nofollow" title="community" href="https://thebittimes.com/tag/community.html">community</a> and shared on X by Lily Liu, the president of the Solana Foundation, which unleashed a deluge of criticism against Ethereum (ETH) as a blockchain and against ETH maxis.</p>
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 <p class="paragraph">The video, which depicts a young couple receiving a dire diagnosis from a doctor, accuses Ethereum of being ‘resistant to good UI,’ slow, poor in terms of scalability, and desperately reliant on Layers 2, 3, 4, and beyond to survive.</p>
 <p class="paragraph">It also likened being an ETH maxi – a person who, as a rule of thumb, is entirely focused on Ethereum and generally dismissive of other cryptocurrencies and blockchains – to having a terminal illness and advised the watchers to save such individuals by recommending switching to Solana.</p>
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    <p lang="zh" dir="ltr">感染到 ethmaxi 病毒的朋友，可以治愈 https://t.co/7mXZdGNTdc</p>— Lily Liu (@calilyliu) April 4, 2024
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 <p class="paragraph">It is noteworthy that while Solana has been steadily gaining ground as a blockchain and the SOL token is up 72.17% to $174.46 year-to-date (YTD), Ethereum has also been doing well and ETH price today is $3,331.48 having risen 46.12% since January 1.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/3ZS8zQmqRov_x5W-3vB3xYBRvyjkYm5D8ncz3EL0D3jNNSZanaoyMrnV1VATBr-dnHyTBfqezxTAonatq2HLWsIDOymCOqZtzmxRzxLerOo5L4MT7AvnHLmwMbcl2NUNgg1wJmLhm9-GnF6jC0ImcqY" alt>
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   SOL and ETH YTD price charts. Source: Finbold
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 <h2 class="wp-block-heading" id="h-is-the-solana-video-poorly-timed">Is the Solana video poorly timed?</h2>
 <p class="paragraph">As is frequently the case with adversarial marketing strategies – and much in line with the remarkably reliable Murphy’s law – the Solana video might have been poorly timed, especially given its focus on Ethereum’s lacking scalability.</p>
 <p class="paragraph">Indeed, while SOL has been becoming increasingly popular, it also, in parallel, became a hotspot for bots engaging with arbitrage trading which have, according to the data compiled by scarn.eth, led to a 75% non-vote transaction failure rate.</p>
 <p class="paragraph">Indeed, by April 4, the number of failed transactions reached 72 million while the successful ones amounted to a significantly lower 20 million.&nbsp;</p>
 <p class="paragraph">The fail rate has been steadily rising and taking an increasing share of all attempted transactions ever since SOL started its quest to rise from $20 to $200 in November 2023.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-war-solana-community-launches-brutal-attack-on-ethereum-tbt84531.html">https://thebittimes.com/crypto-war-solana-community-launches-brutal-attack-on-ethereum-tbt84531.html</a></p>

Crypto war! Solana community launches brutal attack on Ethereum

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