Vitalik Buterin: Solana is More Centralized than Ethereum.

Vitalik Buterin, co-founder of Ethereum, recently stated that Solana’s Proof of Stake (PoS) system is more centralized than Ethereum’s. He pointed out that Solana’s PoS model is more centralized, and many community initiatives on Solana are directly supported by the Solana Foundation. In contrast, Ethereum has a long-term commitment to decentralization, neutrality, and security.

However, Ethereum L1 may not be ideal for high-performance applications, which is why Ethereum relies on Layer 2 (L2) solutions such as Arbitrum, Base, and MegaETH. Buterin also mentioned the success of Polymarket, which he credits to lower transaction fees and faster transaction confirmation speeds.

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