{"id":43207,"date":"2022-12-31T01:56:38","date_gmt":"2022-12-31T05:56:38","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=43207"},"modified":"2022-12-31T01:56:41","modified_gmt":"2022-12-31T05:56:41","slug":"vitalik-buterin-hopes-solana-gets-its-fair-chance-to-thrive","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/vitalik-buterin-hopes-solana-gets-its-fair-chance-to-thrive\/","title":{"rendered":"Vitalik Buterin hopes Solana gets its ‘fair chance to thrive’"},"content":{"rendered":"\n
Vitalik Buterin, Ethereum's co-founder says that \u201csmart people\u201d have told him Solana <\/a>has an \u201cearnest\u201d developer community, bearing this information in mind, he wishes the project gets a fair chance to thrive in the crypto space.<\/h5>\n\n\n\n
\"Vitalik
Vitalik Buterin hopes Solana gets its ‘fair chance to thrive'<\/figcaption><\/figure>\n\n\n\n

In a tweet on December 30, Ethereum co-founder Vitalik Buterin expressed compassion for rival Solana\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (SOL). According to “smart people,” Solana has an \u201cearnest development community,” he said, and he implied that the project's prior opportunists had been “washed away.”<\/p>\n\n\n\n

Buterin wished for the Solana neighborhood to “have its fair shot to thrive.”<\/p>\n\n\n\n

\n

Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future.

Hard for me to tell from outside, but I hope the community gets its fair chance to thrive\ud83e\uddbe\ud83e\uddbe<\/p>— vitalik.eth (@VitalikButerin) December 29, 2022<\/use><\/svg><\/span><\/a><\/blockquote>

SOL's price has dropped more than 90% from its high, in part as a result of the coin's connection to the defunct FTX market<\/a>. However, Solana engineers contend that the network was unaffected by FTX's failure.<\/p>\n\n\n\n

Many in the crypto Twitter community were pleased by Vitalik's admiration for Solana. In a Twitter thread, BlockTower Capital's Ari Paul stated that more cryptocurrency businesses should emulate Vitalik's example because “This is how someone acts who is delighted to ‘compete' on merit and thinks in positive sum terms.” One entertaining exam you could administer to anybody (service providers, fund managers, developers, etc.)[\u2026] Positively inquire about the rivalry with them.<\/p>\n\n\n\n

However, not everyone agreed with Buterin's assertion. Mike McDonald, a former poker player, described the comment as “virtue signaling.”<\/p>\n\n\n\n

\n

This is how someone behaves who is happy to "compete" on merit, and thinks in positive sum terms. One fun test you can give anyone on almost anything (service providers, fund managers, devs, whatever) \/1 https:\/\/t.co\/whtS4x2anF<\/use><\/svg><\/span><\/a><\/p>— Ari Paul \u26d3\ufe0f (@AriDavidPaul) December 29, 2022<\/use><\/svg><\/span><\/a><\/blockquote>

\nhttps:\/\/twitter.com\/AriDavidPaul\/status\/1608610611872821249\n<\/div><\/figure>\n\n\n\n

Previously, Solana was referred to as an “Ethereum killer” in part because of its tremendous scalability. However, others have also criticized it for being unreliable and too centralized.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vitalik Buterin, Ethereum’s co-founder says that \u201csmart people\u201d have told him Solana has an \u201cearnest\u201d developer community, bearing this information in mind, he wishes the project gets a fair chance to thrive in the crypto space. In a tweet on December 30, Ethereum co-founder Vitalik Buterin expressed compassion for rival Solana (SOL). According to “smart […]<\/p>\n","protected":false},"author":12,"featured_media":32926,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81],"tags":[153,4267,275,4457],"class_list":["post-43207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","tag-eth","tag-sol","tag-solana","tag-vitalik-buterin"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/08\/image-24.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/43207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=43207"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/43207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/32926"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=43207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=43207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=43207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}