A post to X, created over the weekend by the official Solana Handle, attracted criticism from the Ethereum community after comparing the blockchain to 2,000 transactions per second (TPS) throughput.
According to Etherscan data, Ethereum Mainnet has processed less than 1.7 million transactions in the last 24 hours, working on an average of 19 TP.
Solana's post was received by Ethereum “Maxis” as a comparison of petty apples and oranges from Ethereum, a decentralized, unauthorized global network with Nasdaq's closed, centralized stock exchange infrastructure.
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Samchun, the paradigm's respected pseudonym crypto security researcher, implies that the post is an aggressive overreaction. Recent revival of trust in Ethereum.
Solana's relative domination in the Memecoin outbreak last year comes after giving way to new enthusiasm for ETH and increasing institutional adoption and reform of the latter foundation structure.
A post from Samczsun refers to the “recognition issues” of rival chains, accusing Solana co-founder Anatoly Yakovenko of “starting shit on TL and then screaming about it when people call you.”
Another influential Crypto-X account using the handle “Polynya” was “summoned” from the “Inactive on Twitter” rule and considered this issue.
Read more: Down Solana Mainnet almost a year after the last major outage
In one of three posts the account made last year, Polynya claims that “Nasdaq (Exturities Information Processor) is designed to handle it. 10 million businesses per second…and it can be easily parallelized for infinite throughput. ”
He adds that there is no way decentralized blockchains can compete “without exotic new physics that don't exist yet.”
Enhancing Solana's reputation as a crypto casino over groundbreaking technology, Polynia states that “instead of building applications that make people's lives better, like in 2017, cryptobros still deals with “TP” with “TP” (not that of degenerated gambling.”
The Ethereum ecosystem, including scaling solutions such as Rollup Optimism, arbitrum, and Base, operates at a much higher throughput than the mainnet average.
According to data from the Ecosystem Dashboard GrowthEpie, TPS across the ecosystem has hovered between 200 and 300 at the time of writing, with a peak throughput of approximately 2,000 over the past 24 hours. Most of the activities are located in Coinbase rollup, base.
Solanabeach, a comparable dashboard for Solana, shows the current TPS Nasdaq throughput less than 4,000, or 0.04% Quote by Polynya.