Solana, the new kid in the blockchain block, has been praised an Ethereum killer by its supporters and dreaded as a scamcoin by Ethereum Maxis. When a maxi calls something as scamcoin, we should take that very serious if history is teacher. Few years ago, BTC maxis were calling Ethereum as scamcoin but today we know how many use case Ethereum opened up while BTC is staying stagnant and enjoying the digital gold tag. So when Ethereum maxis call, Solana as scam coin, we should consider Solana as a serious competitor of Ethereum. In this post lets examine various areas and see where Ethereum’s & Solana’s strengths and weakness are.
Due to its low fees and low entry barrier, Solana has been mocked by some members of the crypto community as a “chain for the poor.”. Nevertheless, Solana is designed to be accessible to everyone, including emerging markets.Here we have divided users of Solana Blockchain by Western Country Users and Eastern Country Users to make our discussion easier. Thus, in this article, the Solana users are categorized as Western and Eastern Country Users in order to discuss about this topic. In practical terms, the Western World is defined as including most of the European Union along with the United Kingdom, Norway, Iceland, Switzerland, the United States, Canada, Australia, and New Zealand. The Eastern Countries, which include most of Europe, Africa, Asia, Australia, and the islands of Oceania.