BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue. He said:One of Solana's basic design principles is to focus on organic expansion with parallel hardware. If you double the number of cores in the system, the performance of the system can also be doubled or. Not all massively parallel chips are suitable for Solana, but that's okay, we only need a few of them to be able to apply them, and these chips will further promote Solana's performance.The Ethereum Virtual Machine (EVM) is a single-threaded processor. They have been talking about parallelizing it for 9 years, but nothing has actually been done. We believe that this trend of fully embracing parallelism will become more obvious in the coming years as on-chain assets expand.

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue. He said:Blockchain is a financial system, and on-chain transactions are the most important indicator in the blockchain. At times in the past year, Solana's on-chain transaction volume was higher than Ethereum, and some weeks it was lower than Ethereum, but today Solana is basically on par with Ethereum in terms of on-chain transaction volume.In terms of total validator fees paid to Ethereum holders and Solana holders in their respective systems, some weeks Ethereum has higher earnings, and some weeks Solana has higher earnings. These indicators are now basically evenly matched.

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue and spoke:Solana was founded to ensure fair, open and traditional market data access around the clock-that is, to build this decentralized Nasdaq concept. Of course, its system still needs to be optimized to spread this information to anyone with a computer and the Internet to receive market data in real time.Building this "centralized Nasdaq" is much more difficult than any of us imagined. Salon has experienced many public Waterloos. The network has collapsed about 10 times since its inception. There are also congestion problems. All kinds of strange things have happened. It can be said that since May this year, Solana can really say that it has achieved the vision set in the early days, but we have focused on this and worked hard for six years, which is why we believe Solana will surpass Ethereum.

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue. He said:DeFi is the most important thing on the blockchain today. You can see DeFi on Ethereum, DeFi on Solana, DeFi on Aptos, and wherever you look. And the people of Ethereum will tell you that DeFi doesn't matter. Well, if Ethereum doesn't plan to optimize for DeFi, it doesn't matter. Can you tell us why Ethereum plans to optimize. DeFi has never been able to do this because they don't know it themselves.

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue. He said:The intention of the Ethereum roadmap is to plan to push transactions from L1 to L2, and they did it. But in the process of doing so, they also transferred all the actual value-added to the ease of use of assets. If we look at the data of this entire L2 and the percentage of transactions transferred from L1 to L2, we will know that everything is now on L2, more than 90% are on L2. This is for design considerations, which is good. They achieved their goals, but what is the purpose? They talk about this DA value tool. Here, we are talking about DA value approval. In fact, L2 is the party that makes all the profits.

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue. He said:Ethereum has been launched for 9 years, and they have a lot of time to solve problems and figure out what they want to be. During these 9 years, the first big event was DeFi Summer; the second thing was that Ethereum launched a new roadmap in October 2020, one of the most obvious disadvantages of which was that it was not good for DeFi. The third major shift is of course the shift from PoW to PoS, which happened in 2022. They knew they wanted to make this switch before the mainnet was launched in 2015, but it actually took seven years to achieve this goal. The Ethereum community has developed slowly, and they never knew what they wanted to do, which is exactly the point I want to emphasize.

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Polygon co-founder Sandeep Nailwal attended the roundtable discussion on the theme of "The Argument for Ethereum and Layer 2 Solutions" on the first day of the TOKEN2049 main venue. He said:For the Ethereum community, everyone is paying close attention to the progress, which is why the discussion around the value and price of Ethereum may be detrimental to Ethereum in the long run. The community puts so much pressure on the project, hoping to bring more value to Ethereum in some way. Although the community is also under great pressure in the matter of rising prices. I think the Bitcoin community has done a very good job in keeping Layer 1 as simple as possible, simply solving a specific use case - value storage, to perfection, and there will be no doubt. Relative to Ethereum, this target use case should be to become the best settlement layer.

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Sandy Peng, co-founder of Scroll, attended the roundtable discussion on the theme of "The Argument for Ethereum and Layer 2 Solutions" on the first day of the TOKEN2049 main venue. When we started the Scroll project, one of the core missions was to provide a user experience that was as smooth as possible. Our idea is that everything about the chain and wallet should be completely abstracted, and users only need to see what they want from their mobile devices. Obviously, there is still a lot of work to do before we get there, and our roadmap has never changed. This is why we are very focused on the ultimate goal, and this is also an aspect that we need to keep properly in order to be able to achieve interoperability between different blockchains, which have obviously found product-market fit somewhere. Layer 2 systems can work together as a whole, and end users do not need to deal with any choices. Right now I think the user experience has become so confusing that the number of users who are actually active on the chain and doing operations is decreasing slightly. Yes, it is.

BlockBeats reported that on September 18, at the Token2049 side event Stable Rise held by WSPN (Worldwide Stablecoin Payment Network), the world's leading digital payment company, Yu Chen, chief consultant of KUN, delivered a keynote speech entitled "A New Era of Global Payments". Yu Chen emphasized that Web3 payment technology is reshaping the global financial landscape, calling it "the singularity of the Web3 scenario explosion." Yu Chen pointed out that today's payment system is undergoing a migration from Web2 to Web3, and blockchain technology has evolved from payment and will eventually prosper through payment. At present, compliance issues are the key to affecting the large-scale adoption of Web3 payments. As the global regulatory environment gradually becomes clear, Web3 payments have the potential to create a trillion-dollar market and play a key role in connecting the real economy with the digital economy. KUN is committed to providing secure and compliant Web2+Web3 one-stop payment solutions for enterprises in industries such as advertising services, overseas digital entertainment, cross-border trade and Web3 through its diversified product lines (KUN Exchange, K-Card, PayX). Today, KUN has connected with major partners in the Web3 payment ecosystem, including stablecoin issuers, cloud service providers, compliant exchanges, payment institutions, etc. We will work together to promote the innovative development of the global digital payment network.