General Information
What are the key differences between Ethereum, Solana, and TRON?
The table below will help you understand the key differences between Ethereum, Solana, and TRON, which are the networks that are currently supported on the DAU Vault.
Features | Ethereum | Solana | TRON |
|---|---|---|---|
Launch Year | 2015 | 2020 | 2017 |
What It Is | Most popular blockchain for building decentralized apps (dApps) and smart contracts, which are self-executing contracts with the terms directly written into code. This means you can create applications that run exactly as programmed without any possibility of downtime, fraud, or interference from a third party. | A high-performance blockchain designed for fast and scalable decentralized applications (dApps) and decentralized finance (DeFi). Solana’s unique architecture allows for thousands of transactions per second, making it ideal for applications that require speed and low costs, such as gaming and finance. | A blockchain focused on entertainment and content sharing, including social media, gaming, and digital content platforms. TRON is designed for high throughput and scalability, with very low transaction fees, making it an attractive option for applications that involve large numbers of users or frequent transactions. |
How it works | Uses Proof of Stake (PoS) to verify transactions. People lock up ETH to help run the network. | Uses Proof of History (PoH) + Proof of Stake (PoS) to speed up transactions, as it can handle more data at once. | Uses Delegated Proof of Stake (DPoS), with a small group of trusted people running the network. |
Transaction Speed | Slow, around 30 transactions per second (can get slower when crowded). | Very fast, up to 65,000 transactions per second. | Fast, around 2,000 transactions per second. |
Cost / Transaction Fees | Can be high, especially when the network is busy (can range from $1 to $50+ per transaction). | Very low fees, almost negligible (under $0.01). | Extremely low, typically less than $0.01 per transaction (often just a few cents). |
Security | Very secure, with a large network of validators. | Secure, but fewer validators compared to Ethereum. | Secure, but more centralized than Ethereum and Solana. |
Main Use Cases | Best for DeFi (decentralized finance), NFTs (digital art), and smart contracts. | Best for fast apps (dApps), DeFi, and gaming. | Best for entertainment, online gaming, and content sharing. |
