Solana vs Ethereum: the clash between titans
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In this article, we compare two leading blockchains in the cryptographic sector: Solana vs Ethereum. Both have very developed DeFi ecosystems and a wide range of successful applications built within them. The two networks work together to create the most thriving web3 environment possible, with the goal of becoming the premier layer of the on-chain future. The challenge is also played out on the token level, with ETH and SOL trying to offer the best return on the market. Let’s see everything in detail below. Solana vs Ethereum: the main differences on the technological level We are talking about one of the most heated and intense clashes on the technological front of the last decade, as well as the most discussed in the crypto landscape: the Solana vs Ethereum war. Everyone knows by now that these two blockchains have been in conflict for years to win the title of dominant web3 infrastructure. In fact, however, they are quite different in many aspects: Ethereum is an EVM network built with the programming language Solidity while Solana is SVM built with C, C++ and Rust. This alone is enough to distinguish two poles in which the development of decentralized applications takes place according to different coding rules. Furthermore, the concept of “account” also changes significantly depending on the context, whether it is used in an Ethereum or Solana environment. In fact, on Ethereum the term account is used to describe an entity that owns ether (ETH) and can initiate transactions. It is classified as follows: EOA (Externally Owned Account): account in possession of a private key, conceptually similar to a wallet; CA (Contract Account): account for smart contracts not in possession of a private key. Simplifying, we can say that EOA does not have storage space and therefore cannot be used as…
Filed under: News - @ July 7, 2024 6:26 am