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Solana Vs. Ethereum: Why Solana May Struggle As A Global Blockchain Backbone

  • Solana may struggle as a global blockchain backbone due to its limitations in achieving decentralization.
  • Ethereum is already established as the financial backbone, dominating Layer 1 and supporting L2 solutions.
  • Solana's scalability potential is hindered by high bandwidth needs and centralized ownership.
  • Solana faces challenges in client diversity, bandwidth requirements, outage risks, centralized ownership, and misalignment of scaling focus.

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