CandleFocus Vitalik Buterin: Solana More Centralized Than Ethereum
2024-11-15
Author: Content Editor
Vitalik Buterin, co-founder of Ethereum, has compared Solana and Ethereum, stating that Solana's Proof of Stake (PoS) system is more centralized than Ethereum. He explained that running a Solana node is more complex than running an Ethereum node and that many community initiatives on Solana are supported by the Solana Foundation. Buterin emphasized that Ethereum is committed to decentralization, neutrality, and security, and mentioned that Ethereum's PoS mining pools are more decentralized than Bitcoin's. He acknowledged that Ethereum L1 may not be ideal for high-performance applications and highlighted the success of market prediction platform Polymarket due to its lower transaction fees and faster confirmation speeds.
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