In a recent tweet, Anatoly Yakovenko, the co-founder of Solana Labs, made some controversial comments about Ethereum. According to Yakovenko, Ethereum lacks neutral credibility and is not as close to a public good as Solana. He also claimed that Ethereum’s value extraction is too high and that it lacks fundamental philosophical aspects to be considered a viable L1.
The tweet responded to Abdel Bakhta’s tweet, which claimed that Solana lacks neutral credibility and its governance is not as decentralized as Ethereum. Bakhtin also claimed that Solana’s hardware requirements are too high and that it lacks fundamental philosophical aspects to be considered a viable L1.
The community responded to Yakovenko’s tweet, calling his words “fighting words” and saying that he was “feeding the trolls” who are wedged in a certain paradigm. Yakovenko, however, replied that he was a veteran of the Linux file system wars and that it turned out that one of the systems was evil.
Solana’s Credibility & Viability Debated In Community
Some community members also questioned whether Solana is credible and neutral. Yakovenko replied that the code could run anywhere and that if push came to shove, an Ethereum or Bitcoin node on a home Comcast connection would not be able to bridge the network to Russia or China.
Others in the community mentioned Bitcoin’s lack of neutral credibility and value extraction, claiming that it is not as close to a public good as the SOL network. Another community member requested that it be made not to require being turned on and off every two months.
Many community members preferred Solana over Ethereum for practical everyday use. One member stated that they could mint and verify an NFT as ticketed entry to a festival on Solana for less than what they have paid for gas on some transactions using Ethereum.
However, the comments made by Yakovenko have sparked debate within the cryptocurrency community, with some agreeing with his sentiments while others disagree. It remains to be seen how these comments will impact the future of SOL’s network and Ethereum.
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