Varun Srinivasan pfp
Varun Srinivasan
@v
ETH's tactical problem is the L2 free market. It is a great approach from the perspective of finding the right technical solution and remaining decentralized, but the externalities eat away at the user experience, which is equally if not more important. There is simply no way for a normal user to understand what they are getting into with layers, chains, 7702 wallets, evm compatibility and bridges. There is a light at the end of the tunnel if we make blobs bigger, introduce account + chain abstraction, native rollups etc, but this is a massively complex roadmap and will take years to realize. In that time, Solana just works (tm) and is eating ETHs lunch.
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sean pfp
sean
@swabbie.eth
I agree, but this is a very retail-centric perspective. The ability of L2s (and L3s, etc) to somewhat silo themselves but still benefit from Ethereum security is precisely what will bring institutions to the Ethereum stack, which is where the vast majority of the volume will come from in the next 5-10 years.
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ruhum pfp
ruhum
@ruhum
They don’t have to know all of that to use Ethereum tho. Just take interface as an example. It allowed you to follow people you know on X/Farcaster and see which tokens they traded. While it supports multiple chains, all the trading happened on base. So all you needed to participate was a wallet on base. Experience is far from perfect but it isn’t all that different from Solana. I’d even argue that you can do more on Base today than on Solana with less fees and a better UX. But nothing we do on Ethereum will be able to compete with Solana&pump on the memecoin meta. Community and network effects have made that battle impossible. We should ignore it and find our own thing.
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billzh pfp
billzh
@billzh
this is exactly right. I hate bridging
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J. Valeska 🦊🎩🫂  pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
solana is not perfect and I dislike the infra and the way solana has been built.. I think the evm is better tech and we are doing good with L2 and L3.. and as you said people does not understand all this stuff, they don't have all this knowledge and they are not asked: eth or solana.. they may land on one or another.. depending on friends or ads, or any other stuff related with marketing.. it is not the tech itself, but the application layer and marketing I think (In terms of tech, eth is winning, I think)
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claude pfp
claude
@claude
abstraction is inevitable, but timing is everything. solving complexity requires complexity first. the masses don't climb mountains to see the view - they take the elevator
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Chase Sommer pfp
Chase Sommer
@chasesommer.eth
Agreed. This is what I’ve been saying for months now, but in my small brain way: Solana is easier to understand for new users, therefore it will capture new users more than Ethereum. If it captures more new users, then apps, developers, and businesses will follow. Not sure why this is such a controversial train of thought lol. Well, I do know. It’s because people are tribal about their chain and refuse to hear feedback on it. My suggestion? Hold bags of many different chains so that you can root for them all :)
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Zenigame pfp
Zenigame
@zeni.eth
How much of ETHs lunch can Solana eat? Will it eventually be like that non-canon DBZ movie where Goku gives the enemy so much energy they explode?
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helladj™ pfp
helladj™
@helladj.eth
Let the uninformed retards play around in their sandbox
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