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HomeNewsSolana: World's Blockchain Needs Can Be Handled by Ethereum Rival with Capacity...

Solana: World’s Blockchain Needs Can Be Handled by Ethereum Rival with Capacity for Hundreds of Millions of Users

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    • Solana Creator Anatoly Yakovenko claims that the blockchain has the capacity to handle the world’s blockchain requirements.
    • Yakovenko named Helium and Hivemapper as possible growth drivers to bring more people to the Solana network.

Solana Creator Anatoly Yakovenko Says Ethereum Rival Can Already Handle Hundreds of Millions of Users

In a new interview on Token Terminal’s YouTube channel, Anatoly Yakovenko, the creator of Solana (SOL), stated that he believes the Ethereum (ETH) rival has the ability to handle the world’s blockchain requirements. Yakovenko explains that when you look at today’s bandwidth infrastructure around data centers, one gigabit is the free tier. It costs less than a dollar per terabyte of egress right now, making bandwidth is ridiculously cheap at the moment.

Although Solana has the ability to manage many users, it still lacks the applications to attract larger amounts of people. Yakovenko believes that from his perspective, Solana can already handle hundreds of millions of users, and they have an abundance of capacity. Yakovenko named Helium (HNT) and Hivemapper as possible growth drivers that could bring more people to the Solana network.

Solana Co-Founder Claps Back at Ethereum Fan

In a heated exchange on Twitter, Solana founder Anatoly Yakovenko has claimed that Ethereum lacks neutral credibility and fundamental philosophical aspects required to be considered a viable Layer 1 (L1) blockchain platform. The statement came as a response to a tweet by Abdel Bakhta, who criticized Solana for its governance, centralization, and high hardware requirements. Yakovenko argued that Ethereum’s value extraction is too high and that it fails to match Solana’s status as a public good.

He also dismissed concerns about Solana’s hardware requirements, implying that the number of full nodes on the network would be much smaller if this were a genuine issue. The public debate sparked mixed reactions from the crypto community, with some users supporting Yakovenko’s stance while others accused him of engaging in a futile argument. The clash between Solana and Ethereum proponents underscores the ongoing competition among blockchain platforms as they vie for market dominance.

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Godfrey Benjamin
Godfrey Benjamin
Godfrey Benjamin is an experienced crypto journalist whose primary goal is to educate everyone about the prospects of Web 3.0. His love for crypto was sparked during his time as a former banker when he recognized the clear advantages of decentralized money over traditional payments. Business Email: info@ethnews.com Phone: +49 160 92211628
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