Description of Ethereum from the Co-Founder of Solana Labs! “We Don’t Want to Kill”


Many experts Solanay ( (LEFT) due to their lower fees and faster processing times“Ethereumthe killer while describing it as ”, Solana LabsRaj Gokal, co-founder of the project cryptocurrencyhe said that he had no desire to kill himself, and even if he wanted to do so, he could not.

Solana vs Ethereum

Raj Gokal, Solana and Ethereum he made these comments in response to a November 10 Twitter post by Chris Burniske, co-founder of venture capital firm Placeholder.

Chris Burniske made the following statements in his Twitter post;

“In crypto, usually people want their biggest bag to win. This will affect almost all communications, so do not perceive what you see and hear as real”

In response, Gokal stated that the goal of all people working in the crypto field is to Web 3.0‘a stressed that “there doesn’t have to be a fight” as he argued that it should be to involve “every single person” and noted:

“’Knives out’, Ethereumit implies that we are trying to kill‘ Ethereum can not be killed, it’s impossible. And already, a beautiful force of good in the world, which has strengthened millions of people and created billions of wealth. Bitcoin is also quite clearly the same as Ethereum.”

According to CoinGecko, LEFT it is currently the fifth-ranked digital asset with $71.7 billion in total market capitalization, while the sixth-ranked ‘ETH killer’ Cardano with $67.4 billion (NAME) it is located in front of it. On the other hand ETH, it ranks second with a market capitalization of approximately $564.7 billion.

But Solana he’s been laying a lot of groundwork lately. Compared to last year, it increased by 11,742% to $ 237.53, while ETH increased by 931% in this time december to $ 4,800.

Solana Is Growing Up

Solana Foundation Gokal Anatoly Yakovenko, CEO and co-founder of Solana Labs, in Lisbon, Portugal earlier this week, FTX CEO Sam Bankman-Fried, He hosted the “Solana Breakpoint 2021” conference, which featured guests such as Reddit co-founder Alexis Ohanian and Circle CEO Jeremy Allaire.

Speaking on the first day of the event, Gokal noted that the Solana ecosystem is “exploding“ every year and “in case of use” in 2021.” Founding partner, Solana blockchainhe pointed to data showing that 2.2 million Nfts were printed in the last three months, and that the total value locked into Solana-based Defi as of November was more than $ 15 billion. 7 ($14.47 billion at the time of writing).

Messari researcher Dustin Teander’s November 12 episode of “The Perpetual LEFT ”Solana has received a lot of investor interest in the last quarter,“ he said in his post titled ”Rise,“ pointing to a long list of promising ”growth catalysts” for the project. .

“In many ways, price discovery has been fuelled by healthy growth in various sectors. a $100 million gaming fund was announced, Brave announced local integration on the Web3 front, a $100 million investment from Reddit for Social Media, raised $40 million to bring Neon Labs’ EVM infrastructure, launched NFTS on pplpleasr Solana, FTX created an NFT integration.

And of course, Solana has a DeFi ecosystem that has seen a 4x TVL expansion since September.”

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