The creator of Solana, Anatoly Yakovenko, has spoken out against what he calls the “ETH Killer” narrative, which portrays Solana and other new blockchain projects as Ethereum’s main rivals.
Solana and Ethereum may both prosper without threatening one another’s viability, according to Yakovenko, who stresses the significance of cooperation and cohabitation in the blockchain realm.
Anatoly Yakovenko, creator of Solana, has spoken out strongly against the contentious narrative that labels new blockchain protocols as “ETH killers” and puts them against Ethereum. This narrative has recently garnered prominence in the cryptocurrency industry.
The phrase has been bandied around in the cryptocurrency community to characterize more recent blockchain projects, such as Solana (SOL), that are seen as possible competitors to Ethereum (ETH).
A post on the X app included Yakovenko’s remarks, in which he spoke to the general public and the cryptocurrency community. He made it clear that starting a “cold war” between Ethereum and other protocols would have disastrous consequences. Such narratives, in Yakovenko’s view, undermine the collaborative development of the blockchain ecosystem and do more harm than good.
In Anatoly Yakovenko’s view, the two platforms, Solana and Ethereum, should work together for the benefit of both. While he acknowledges that SOL and ETH are competing blockchain systems with similar capabilities, he maintains that this should not be interpreted as a sign that one must fail in order for the other to succeed.
Technologies that are pareto efficient may compete with one another and share certain features, but that’s OK. I don’t imagine a world where Solana succeeds and ETH somehow fails,” Yakovenko said, emphasizing his goal of a future where many blockchain technologies may succeed side by side.
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