Comparison of Layer 1 blockchains (e.g., Solana, Avalanche) and their scalability solutions
Comparison of Layer 1 blockchains (e.g., Solana, Avalanche) and their scalability solutions. "If you can't be humble in your career, there is no stopping in your destruction.." In the dynamic and highly competitive world of cryptocurrency, Layer 1 blockchains form the foundational infrastructure upon which decentralized applications (dApps) are built. While Bitcoin and Ethereum dominate in terms of market capitalization and adoption, a new generation of Layer 1s, often called "Ethereum killers," have emerged with a central promise: to solve the scalability issues that have historically plagued the dominant networks. Among the most prominent of these are Solana and Avalanche, each offering a distinct approach to achieving high throughput and low transaction costs. Solana: The Monolithic Scalability Engine Solana’s core philosophy is to create a single, high-performance blockchain capable of h...