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Why Solana Wins | Solana Legend
Mar 11, 2024
Solana Legend discusses why Solana is winning, the shortcomings of Ethereum, decentralized order flow on Solana, outperforming memecoins, crypto x AI, decentralizing curation, ICO comeback, infra vs apps funding, rise of Bitcoin, NFT bull run with ERC/SPL 404 standard, $10tn asset class, and the dominance of ETF flows in the bull market
01:13:23
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Quick takeaways
- Solana's scalability advantage over Ethereum due to layer 2 solutions focus.
- Importance of shared block space and concentrated liquidity for network effects in multi-chain ecosystems.
Deep dives
Efficiency and Focus on Layer 2 Solutions at Ethereum
Scalability challenges push Ethereum towards a strong focus on layer 2 solutions at the Ethereum conference. Despite Ethereum's talents, attention shifts towards layer 2s for better usability due to high fees on the Ethereum Mainnet causing decreased activity.
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