Ethereum Alternatives – $SOL, $AVAX, $NEAR

Here are some notes as I read and learn about crypto.

Reading from these notes here:

Intern notes from “The L1 Wars: $SOL, $AVAX, $NEAR ” on:

– Scaling solution 🧬
– EVM compatibility 🤝
– Decentralization 🌐

And much more!@naval <> @hosseeb <> @aeyakovenko <> @el33th4xor <> @ilblackdragon pic.twitter.com/zMUqLiSllb

— CMS Intern (@cmsintern) January 15, 2022

$AVAX and $NEAR seem to have an advantage with EVM (Ethereum Virtual Machine) support. $SOL thinks not doing sharding is an advantage but I don’t know enough to tell. Seems like later, more recent blockchains can learn from the findings in earlier chains and therefore improve the technology. $SOL seems to have higher computing requirements per entity/validator. On quick view, I would favour $NEAR and $AVAX. Need to read more about how to compare the chains. One method is certainly to simply using the chains.