5min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Solana Block Chain vs Etherium Block Chain

Salana is a block chain that gives confirmations back an sng like 400 mille seconds, whereas etherium takes mno minutes. In a transaction that might cost tens of dollars, ten, 20, 30, 50 dollars of gas on a therium cost pennies on salana. The thing that salana gives up, the trade off that it makes is decentralization. I think the writing is on the wall, which is, bit coin is gold. Etherium looks like its trending to be silver. And solana could be the first, but there will be others that come after it, of real develop rico systems that can be built on top of it.

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