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Is SOL Undervalued? 83% Discount to ETH? | Michael Nadeau
Bankless
Comparing Solana and Ethereum: Developer Community and Value Accrual
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The chapter analyzes the number of active core developers on Solana versus Ethereum and its layer twos, emphasizing the importance of core developers in signaling project health. It delves into the concept of value accrual in the crypto space, highlighting Solana's approach and architectural decisions compared to Ethereum, discussing the impact on market sentiment and long-term benefits for both platforms. The conversation covers decentralization debates, technical aspects, on-chain revenue, and upcoming catalysts for the Solana network, including the development of the FireDancer client by Jump Crypto.
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