This is a terrible mistake made by the Ethereum “marketing department”.
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For the average developer and entrepreneur, the story of Ethereum’s development and scaling may be too complex.
Qiao Wang of Alliance DAO said this seems confusing compared to the clear goals of Solana (SOL).
“The ETH marketing department made a terrible mistake”
That’s what analyst Qiao Wang told his 133,000 followers on X, emphasizing that Solana (SOL) remains true to its clear statement as the “fastest, cheapest” chain.
Wang believes that Ethereum’s (ETH) “marketing department” should be cited, as neither the blockchain nor the Ethereum Foundation has a centralized unit responsible for advertising campaigns.
The ever-expanding scope of shared stacks, bridges, and dozens of rollups has made Ethereum (ETH) too complex for teams interested only in building secure, fast Dapps in a timely manner. How to save resources.
While this complexity may satisfy researchers and architects intellectually, most cryptocurrency project teams remain “pragmatic”:
“If modularity loses out to integrity in five years, this is why.”
Ethereum’s focus on L2 solutions has also been criticized by Cyber Capital CIO Justin Bons. Bons predicts the focus will shift to non-EVM blockchains such as Near and MultiversX.
At the same time, Wang believes these problems can be overcome. Ethereum should remove mental friction to make it more attractive to developers. In 2024, the cryptocurrency industry is discussing various indicators for Solana (SOL) to surpass Ethereum.
Last week, Solana’s weekly stablecoin transfer volume surpassed that of the largest smart contract platform.
Furthermore, by the end of December 2023, Solana replaced Ethereum as the most used blockchain for decentralized exchanges (DEX) on daily and weekly timeframes.
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Itadori
According to “USA Today”