Solana (SOL) wants to compete with Ethereum (ETH)

Solana (SOL) wants to compete with Ethereum (ETH)

The Solana blockchain (SOL) will soon be present as one of the main competitors of Ethereum (ETH). In any case, this is the dream of its co-creator Anatoly Yakovenko, who said, during an interview with Scott Melker, that he hopes Solana will become a reference system for all global financial data. The objective to be achieved is to eliminate all inefficiencies in the market.

Be the fastest and smoothest crypto

During the interview he gave, Mr. Yakovenko presented his final objective for Solana (SOL). “It seems like my ultimate goal is that when news travels around the world, money transfers at the same speed as news.” So he wants there to be enough transitions fast on the blockchain to ensure a certain fluidity.

He acknowledged that it will be necessary to achieve this goal “a lot of work”. However, this work that presents itself is not an obstacle to his determination and the determination of his team. While waiting to achieve this goal, Anatoly Yakovenko wants to do things big and TO DO increase the number of people which uses the Solana blockchain. It is his aim “100 million users”. “If like Facebook or its equivalent with NFTs [jetons non fongibles] is built on Solana, that would be great,” he confided.

Can Solana (SOL) really claim to compete with the Ethereum (ETH) blockchain? The question is quite difficult to answer.

The Solana (SOL) blockchain will do everything possible to become a rival of the Ethereum (ETH) blockchain. Her co-creator revealed that one of the first goals is to make her faster than she is now. Then, it will be necessary to increase the number of users of the network in order to create the equivalent of Facebook on the blockchain. Task Titanic!

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Download avatar Luc Jose Adjinacou
Luc Jose Adjinacou

Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only increased my enthusiasm. So I decided to study and understand the blockchain and its many uses and share my pen knowledge related to this ecosystem.

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