About this episode
Ethereum vs. Solana: The Future of Tokenized Equity In this episode of 'Old Men New Money,' Douglas Borthwick discusses the major infrastructure decision in digital securities: Ethereum versus Solana. He highlights Galaxy Digital's choice to tokenize NASDAQ-listed shares on Solana, marking a significant shift from Ethereum due to Solana's high performance and lower costs. Borthwick argues that while Ethereum has institutional credibility and regulatory comfort, it falls short in terms of transaction speed and cost compared to Solana. He provides a detailed comparison of the two blockchains, emphasizing Solana's advantages for high-frequency trading and consumer-facing applications. Borthwick concludes that trends in developer migration and transaction volume favor Solana, marking it as the future leader in smart contract platforms. The episode also teases a future discussion on stablecoins. 00:00 Introduction to the Debate: Ethereum vs. Solana 00:12 Galaxy Digital's Groundbreaking Move 00:58 Ethereum vs. Solana: A Performance Comparison 02:26 The Regulatory Shift and Its Implications 04:42 Ethereum's Struggles in High-Frequency Markets 05:27 Why Solana is the Future for High Throughput Applications 06:31 Developer Migration to Solana 07:36 Solana's Real-World Usage and Efficiency 09:48 The Layer Two Debate and Solana's Unified Approach 10:40 Ethereum's Strengths and Limitations 11:42 Solana's Security and Network Stability 14:19 Future Predictions and Strategic Advice 18:07 Conclusion and Next Episode Preview Get full access to Bitcoin, Blockchain and Tokenization at oldmennewmoney.substack.com/subscribe