co-founder of solana Anatoly Yakovenko He recently weighed in on the ongoing discourse surrounding Ethereum (ETH), providing a measured perspective amid concerns raised by the community. Following a flurry of debate and uncertainty, Yakovenko defended Ethereum, stating that while progress may be slow and challenging, the platform will eventually stand on its own two feet.
co-founder of solana Anatoly Yakovenko He recently weighed in on the ongoing discourse surrounding Ethereum (ETH), providing a measured perspective amid concerns raised by the community. Following a flurry of debate and uncertainty, Yakovenko defended Ethereum, stating that while progress may be slow and challenging, the platform will eventually stand on its own two feet.
The discussion arose against a backdrop of criticism directed at Ethereum’s research quality and talent retention. Some voices within the ecosystem expressed concern about declining research standards and the departure of experienced developers and researchers. Concerns were also raised regarding the importance of Mining Extractable Value (MEV) research and its perceived usefulness.
In response, Yakovenko acknowledged the challenges but maintained a positive outlook. He highlighted the resilience of the platform and its ability to overcome obstacles over time. Despite acknowledging Solana’s own obstacles, such as the Ore mining incident and ongoing spam issues, Yakovenko remained steadfast in his defense of Ethereum’s potential.
The conversation expanded to comparisons between Ethereum and Solana, with Yakovenko highlighting Solana’s technical achievements, particularly its transaction performance, in contrast to ETH’s scalability solutions.
Curiously, a similar situation has occurred in the past, but in reverse. After the fall of FTX in late 2022, Solana (SOL) faced a lot of skepticism from all sides, and many have already buried the blockchain. However, Vitalik Buterin, the creator of Ethereum, expressed his faith and support for the project, which as a result marked the lowest price of the SOL token at that time.
