MultiversX Tracker is Live!

What are the drawbacks or strengths of Solana, compared to Ethereum?

All Cryptocurrencies

by COINS NEWS 85 Views

Hi. I was pretty skeptical of Solana in the last year and a half, seeing that I read about various technical problems it had, including multiple down times, network issues, etc.

But Solana has gained some momentum lately, and I am wondering how does it compare to Ethereum. My understanding is that the layer 1 fees for Solana are much cheaper than Ethereum, and the transactions are faster too. But aside from the cheaper layer 1 transaction fees and faster transaction time, what are the general strengths or drawbacks of Solana versus Ethereum, especially from a technical point of view?

submitted by /u/trucker-123
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments