Solana vs Ethereum - The battle of Layer 1 chains has been raging on since 2020, in the middle of DeFi Summer. Before the 2021 bull run, with L1 chains, Ethereum was undoubtedly the behemoth of DeFi. One of the most hyped contenders of them all is probably Solana. Despite being just a relatively new blockchain, it's attracted a horde of pitchfork-holding haters (and smart-money-following VC lovin' investors too). Let the battle begin!

Links Mentioned
Ethereum - https://www.coingecko.com/en/coins/ethereum
Solana - https://www.coingecko.com/en/coins/solana
Article on SOL vs ETH - https://www.coingecko.com/buzz/solana-vs-ethereum-the-battle-for-l1-dominance

Timestamps:
00:00 The rise of L1s
00:45 Consensus Mechanism
02:18 Transaction Speed
02:50 Scalability
03:13 Downtime
04:05 Programming Language
05:22 Showdown results

Download CoinGecko App!📱
iOS: https://gcko.io/coingecko-ios
Android: https://gcko.io/coingecko-android

Follow us!
Twitter: https://twitter.com/coingecko
Instagram: https://www.instagram.com/coingecko
TikTok: https://www.tiktok.com/@coingeckotv
Telegram: https://t.me/coingecko

Subscribe to CoinGecko's Newsletter! 📩
https://landing.coingecko.com/newsletter/

#Solana #Ethereum #Layer1 #blockchain