{"id":34905,"date":"2023-12-26T16:58:40","date_gmt":"2023-12-26T16:58:40","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/12\/26\/sol-founder-says-solana-is-ethereum-what-does-he-mean\/"},"modified":"2023-12-26T16:58:40","modified_gmt":"2023-12-26T16:58:40","slug":"sol-founder-says-solana-is-ethereum-what-does-he-mean","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/12\/26\/sol-founder-says-solana-is-ethereum-what-does-he-mean\/","title":{"rendered":"SOL Founder Says &#8216;Solana Is Ethereum,&#8217; What Does He Mean?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><a href=\"https:\/\/bitcoinist.com\/solana-founder-doesnt-want-network-to-be-called-ethereum-killer-heres-why\/\"><span style=\"font-weight: 400;\">SOL co-founder Anatoly Yakovenko<\/span><\/a><span style=\"font-weight: 400;\"> just lately highlighted the connection between Solana and Ethereum as he mentioned \u201cSolana is Ethereum.\u201d This assertion got here in a put up that additionally shed extra mild on the way forward for <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-layer-2-base-cumulative-revenue-10-million\/\"><span style=\"font-weight: 400;\">blockchain interoperability<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/solana\/solana-headed-to-100\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Solana\u2019s<\/span><\/a><span style=\"font-weight: 400;\"> function in all of it.\u00a0<\/span><\/p>\n<h2>Why \u201cSolana Is Ethereum\u201d<\/h2>\n<p><span style=\"font-weight: 400;\">In a <\/span><a href=\"https:\/\/x.com\/aeyakovenko\/status\/1739485437545296183?s=20\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">post<\/span><\/a><span style=\"font-weight: 400;\"> on his X (previously Twitter) platform, Yakovenko elaborated on his \u201cSolana is Ethereum\u201d remark as he acknowledged that THE NETWORK can be a layer-2 community for Ethereum by the \u201cwormhole eigenlayer.\u201d With this, Yakovenko raised the prospect of <\/span><a href=\"https:\/\/bitcoinist.com\/solana-founder-doesnt-want-network-to-be-called-ethereum-killer-heres-why\/\"><span style=\"font-weight: 400;\">Solana and Ethereum<\/span><\/a><span style=\"font-weight: 400;\"> being interoperable regardless of working totally different protocols and consensus mechanisms.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The co-founder went on to additional state that it will grow to be extra possible as quickly as \u201cdanksharding is scaled up\u201d as SOL blocks could possibly be submitted into some \u201cdata validating bridge contract on ethereum.\u201d <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-buterin-plans-major-changes\/\"><span style=\"font-weight: 400;\">Danksharding is a major upgrade<\/span><\/a><span style=\"font-weight: 400;\"> that will probably be made to the Ethereum community in a bid to enhance its scalability and effectivity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yakovenko\u2019s proposition is an fascinating one, contemplating that Solana has been dubbed the \u201cEthereum killer\u201d for a very long time now. However, the co-founder <\/span><a href=\"https:\/\/bitcoinist.com\/solana-founder-doesnt-want-network-to-be-called-ethereum-killer-heres-why\/\"><span style=\"font-weight: 400;\">has shown<\/span><\/a><span style=\"font-weight: 400;\"> that he&#8217;s  extra in collaboration quite than competitors. He beforehand <\/span><a href=\"https:\/\/x.com\/aeyakovenko\/status\/1731025584271274244?s=20\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">hinted<\/span><\/a><span style=\"font-weight: 400;\"> that he discovered the label distasteful as he didn\u2019t see a future the place SOL thrives and someway ETH dies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, from Yakovenko\u2019s rationalization, Danksharding is critical if the community is someway going to grow to be a layer-2 for Ethereum. This is <\/span><a href=\"https:\/\/x.com\/aeyakovenko\/status\/1731025584271274244?s=20\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">because<\/span><\/a><span style=\"font-weight: 400;\"> Ethereum doesn\u2019t have sufficient bandwidth for all of SOL\u2019s <\/span><span style=\"font-weight: 400;\">knowledge.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Solana appears to have much more capability than Ethereum, because the co-founder additionally <\/span><a href=\"https:\/\/x.com\/aeyakovenko\/status\/1739494084425949236?s=20\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">mentioned<\/span><\/a><span style=\"font-weight: 400;\"> that it will be simpler for Ethereum to grow to be a layer-2 for Solana as a result of it has extra capability for all of Ethereum\u2019s blocks.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/vPawG90K\/\" alt=\"Solana price chart from Tradingview.com (Ethereum SOL founder)\" width=\"3266\" height=\"1530\"\/><\/p>\n<pre style=\"text-align: center;\">SOL value at a excessive $114 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow noopener\" target=\"_blank\">SOLUSD on Tradingview.com<\/a><\/pre>\n<h2>What Happens If Ethereum Reorganizes?<\/h2>\n<p><span style=\"font-weight: 400;\">Another X consumer raised the problem of <\/span><a href=\"https:\/\/bitcoinist.com\/solana-vs-ethereum-helius-labs-ceo\/\"><span style=\"font-weight: 400;\">Solana and Ethereum<\/span><\/a><span style=\"font-weight: 400;\"> boasting totally different <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-overloading-consensus\/\"><span style=\"font-weight: 400;\">consensus mechanisms<\/span><\/a><span style=\"font-weight: 400;\"> in response to Yakovenko\u2019s assertion. The consumer <\/span><a href=\"https:\/\/x.com\/ChainLinkGod\/status\/1739496396284367341?s=20\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">asked<\/span><\/a><span style=\"font-weight: 400;\"> what would occur to SOL whereas appearing as a layer-2 if <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-to-10000-programmed\/\"><span style=\"font-weight: 400;\">Ethereum<\/span><\/a><span style=\"font-weight: 400;\"> reorganizes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Solana co-founder, in response, defined that customers would nonetheless be capable to get their ETH tokens out of the bridge if that occurred. He additional famous that whether or not or not <\/span><a href=\"https:\/\/bitcoinist.com\/solana-network-celebrates-major-milestone\/\"><span style=\"font-weight: 400;\">the network<\/span><\/a><span style=\"font-weight: 400;\"> will reorganize if Ethereum does is as much as social consensus and never outlined within the bridge contract. However, that could possibly be one other situation, as there&#8217;ll have to be an settlement on each ends for seamless integration.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yakovenko additionally addressed issues about double spending as he <\/span><a href=\"https:\/\/x.com\/aeyakovenko\/status\/1739510305003307151?s=20\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">stated<\/span><\/a><span style=\"font-weight: 400;\"> that Solana gained\u2019t mint the wrapped ETH token \u201cin its state\u201d till Ethereum hits full finality. He additionally alluded to UASF (user-activated delicate fork), which may play an integral function in curbing this.\u00a0<\/span><\/p>\n<p>Featured picture from Cryptoradar, chart from Tradingview.com<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/solana-is-ethereum-founder\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] SOL co-founder Anatoly Yakovenko just lately highlighted the connection between Solana and Ethereum as he mentioned \u201cSolana is Ethereum.\u201d This assertion got here in a put up that additionally shed extra mild on the way forward for blockchain interoperability and Solana\u2019s function in all of it.\u00a0 Why \u201cSolana Is Ethereum\u201d In a post on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[6],"tags":[108,995,425,316],"class_list":["post-34905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ethereum","tag-founder","tag-sol","tag-solana","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/34905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=34905"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/34905\/revisions"}],"predecessor-version":[{"id":34906,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/34905\/revisions\/34906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/34907"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=34905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=34905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=34905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}