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Will Solana flip Ethereum?

Anything related to bitcoin, crypto, blockchain

Vasili27

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There is also no such thing as "Ethereum 2.0".

Layer 2 protocols are already live. These will settle their txs on Ethereum. Check here for TVL + volume: L2BEAT – The state of the layer two ecosystem

Fees on Layer 2 protocols range anywhere between $0.24 and $2. But these fees will decline significantly once volume starts picking up. Find the fees here: L2Fees.info

Proof-of-stake will be alive before summer.
then why do people refer to it as 2.0 when things like sharding will be implemented. is it not called 2.0 because I constantly hear it being called eth 2.0.

not trying to argue btw im just curious because that what I hear
 
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Vasili27

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Ethereum is currently the only blockchain that solves the blockchain trilemma.

Scalability, Decentralization and Security.

Solana is very centralized. Approx. 80% of circulating supply is owned by INSIDERS. Running a validator requires some hardcore hardware. And it is run by the Solana Foundation.
what about cardano?
 

Ed Schimmel

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Recently I started to make some NFTs myself and I found out that the main platform OpenSea offers to sell them in Polygon/MATIC and ETH. Although the cost for minting, selling etc. are a lot cheaper on Polygon, Eth is still very popular, because the buyer doesn't need to convert the Eth to Polygon.

I also think that a lot of current NFT projects are programmed to use the ETH, because developers are used to work with it. I am a developer myself and it looks quite complicated to program the contracts and everything that is involved. When ETH is already known it is the easiest to use that. This might be a reason why ETH is still very popular for NFTs, while there seem to be cheaper alternatives.

Rereading the text and the title of the thread, I realize I might be off-topic
 
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