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What are the drawbacks or strengths of Solana, compared to Ethereum?

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by COINS NEWS 95 Views

Hi. I was pretty skeptical of Solana in the last year and a half, seeing that I read about various technical problems it had, including multiple down times, network issues, etc.

But Solana has gained some momentum lately, and I am wondering how does it compare to Ethereum. My understanding is that the layer 1 fees for Solana are much cheaper than Ethereum, and the transactions are faster too. But aside from the cheaper layer 1 transaction fees and faster transaction time, what are the general strengths or drawbacks of Solana versus Ethereum, especially from a technical point of view?

submitted by /u/trucker-123
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