In a recent blog post by Placeholder VC, the firm drew a striking analogy between leading layer-1 (L1) blockchain ecosystems Ethereum and Solana, comparing them to Android and iOS respectively. Written by Joel Monegro on October 10, 2023, the post provides insights into the unique attributes and future trajectories of both blockchain platforms.

Why Ethereum Is Like Android

Drawing a parallel to Android’s open and diverse ecosystem, Ethereum is highlighted for its modularity and widespread adoption. Monegro notes that just as Android runs on a plethora of devices manufactured by various companies around the world, Ethereum is “becoming more of a platform for third-party networks than the place where most end-users and developers operate.”

Quoting from the post, “The fast-growing …