EigenLayer founder discusses ETH and SOL: Why Ethereum wins?

CN
4 hours ago

Recently, a debate showed that ETH surpasses the fast but limited SOL in terms of user experience and long-term development due to its nested coordination and predictability.

Author: @sreeramkannan

Translation: Plain Language Blockchain

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Recently, @calilyliu and @sreeramkannan had a debate on ETH vs SOL. In short: the final argument is: ETH wins.

The reasons are as follows:

ETH: Nested Coordination + Asynchronous Scaling

  • SOL: Fast, but complete replication limits growth

  • L2: Seen as a weakness, but in reality, it is ETH's supersonic missile

  • Cultural Importance: ETH's value > Individual interests (this is important!)

  • Vision: ETH = World Computer, SOL = Fast Nasdaq

  • Trade-offs: ETH builds trust, SOL iterates quickly

    But wait, there's more… the core argument is: ETH L2 architecture = Nested Coordination Mechanism

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    Self-executing (Fork: only when blocks can be verified by users), takes a few days

  • Majority (validators confirm a block), takes a few minutes

  • Committee (Eigenlayer validator committee provides quick confirmation), takes 1 second

  • Authority (sorter provides instant confirmation), takes 10 milliseconds

    What’s the result?

    User experience reaches the level of Instagram while maintaining Bitcoin-level self-verifiability, meaning users can complete transactions quickly and confidently verify the authenticity of information. This combination brings a better user experience and trust foundation to blockchain applications!

    1. What is the foundation of ETH?

    Building trust through predictability. Imagine 500 people fighting over minor changes. Sounds like a nightmare, right? But this is ETH's advantage; it builds long-term trust. You know the rules won’t change overnight. What about SOL? An organization can change the rules at any time, and the boundaries between protocols and applications are blurred.

    2. What are SOL's limitations?

    It is complete replication (like all other cryptocurrencies):

    Every node downloads all data

  • System throughput = Single node bandwidth

  • More nodes ≠ More throughput

  • This is a dead end for scalability.

    3. What is ETH's solution?

    Danksharding

    n nodes * 10 MB/s = n*10 MB/s throughput

  • More nodes = More throughput

  • With a million validators, the throughput we are talking about can theoretically reach several TB per second.

  • This is not a typo.

    EigenDA is now making all of this a reality.

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    4. L2: ETH's Secret Weapon

    Instant confirmation (100 milliseconds)

  • Security comes from ETH

  • The best place to build most applications today

    Culture beats strategy: ETH culture > SOL strategyWhy? Because of shared values: anti-censorship, open innovation, trustworthyneutrality

    These are not just buzzwords. They are the foundation of trust.

    5. ETH's Vision: World Computer

    Not just faster payments; we are talking about applications with trustworthy commitments. Imagine a crypto-native Facebook that promises, “We will not change the privacy policy without the majority of users' consent.”

    How to do it? Make computation verifiable on ETH. Users can trust this commitment. No more Web2 “take it or leave it” ultimatums.

    This is the power of ETH's world computer vision.

    6. Self-verification: ETH's North Star

    Every user should verify the entire system. Sounds crazy? Maybe. But this is key to achieving true decentralization. This limitation initially restricted throughput.

    Rollups cracked this problem: maintaining self-verification, significantly increasing throughput, user verification proof, rather than all data, completely overturning the game rules.

    7. Asynchronous vs Synchronous Composability

    ETH: Asynchronous Composability

    SOL: Synchronous Composability

    Most real-world applications require asynchronous.

    Think of large multiplayer online games; ETH has the right idea.

    8. Asset Onboarding and Liquidity

    SOL's choice: A large pool

    ETH's strategy: Distributed across multiple L2s

    SOL seems simpler, but there’s a problem: single point of failure.

    ETH may seem decentralized, but it is resilient.

    ETH = Programmable currency across all L2s

    Long-term resilience > Short-term convenience

    9. Ecosystem Development: ETH's Advantage

    Why do we choose to build EigenLayer on ETH? Simple. Predictability.

    With ETH, you know the rules of the game, and these rules won’t change overnight.

    As for the blockchain itself? It won’t take away your interests.

    Sure, Solana is fast, but there’s a problem: an organization can devour any good idea at any time.

    Where are the boundaries between protocols and applications?

    No one can say for sure.

    And ETH? It’s an open playground.

    You can build and innovate on L2, sleep soundly,

    your ideas still belong to you.

    What’s the result? ETH attracts real builders,

    those with vision,

    who focus on long-term development.

    10. Verdict: ETH vs SOL

    SOL = Sprinter

    ETH = Marathon Runner

    In the crypto world, we fight for the long term. The future is not “speed or security,” but “speed and security.”

    ETH + EigenLayer makes it all possible.

    We are not just building on ETH; we are accelerating it.

    Which team do you support? Share your thoughts below.

    Article link: https://www.hellobtc.com/kp/du/10/5480.html

    Source: https://x.com/sreeramkannan/status/1846577833641914531

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