Solana founder Anatoly Yakovenko claims that Solana (SOL) has surpassed Ethereum (ETH) in a key metric: the cost of running a node.
Node Economics
Nodes are computers that validate and record transactions on blockchains. Running a node typically requires expensive hardware and energy consumption.
According to Yakovenko, SOL nodes have a 10x higher economic barrier than ETH nodes. This is due to Ethereum’s investment in Boneh-Lynn-Sacham (BLS) aggregation, which allows nodes to verify messages independently.
Solana’s Expensive Nodes
Running a Solana validator currently costs over $65,000 per year. The Solana Foundation is currently subsidizing these costs.
Future Plans
Yakovenko plans to implement a more efficient consensus mechanism to reduce voting fees. He also suggests creating voting subcommittees to rotate nodes in and out of the committee, potentially reducing the vote load and fees.
Market Performance
Both SOL and ETH have experienced recent declines. SOL has dropped 12.91% weekly, while ETH has declined 9.49%. Despite the bearish trend, analyst Ali Martinez predicts a potential 53% price surge for SOL.
