Solana Co-founder Issues Warning of a Potential Risk in Ethereum Blockchain

Solana Co-founder Issues Warning of a Potential Risk in Ethereum Blockchain

By Miles

05 Jan 2024 (12 months ago)

1 min read

Share:

Solana's Anatoly Yakovenko discusses Ethereum's centralization risk and Solana's reliance on atomic composability, as experts call for a simpler blockchain language.

Anatoly Yakovenko, co-founder of Solana, recently expressed his opinion about the potential challenges facing Ethereum and Solana. On social media, he suggested that Ethereum might struggle with centralization, where certain parts of the network become too dominant. This will underscore Ethereum's goal of being decentralized.

Yakovenko also highlighted a key aspect of Solana's design: atomic composability. This feature helps different parts of the blockchain work together smoothly. However, he admits that if the wider blockchain community doesn't value this feature, Solana's future success could be uncertain.

On another note, blockchain expert Qiao Wang criticized Ethereum for using complex language in its marketing, which could confuse new developers. Ethereum's co-founder, Vitalik Buterin, agreed, recognizing the need for simpler communication, especially for developers, since complex languages would only discourage the entrance of more developers.

Share:
Go back to All News
Previous article

Nigeria’s CBN Set to Launch ...

Nigeria’s CBN Set to Launch Naira Stablecoin
Next article

Celsius Starts Unstaking and Moving ...

Celsius Starts Unstaking and Moving Assets Ahead of Creditors Payment