Solana Co-Founder: The Blockchain Doesn’t Need Layer-2s Like Ethereum
06 Januar 2024 - 12:00AM
NEWSBTC
Solana co-founder Anatoly Yakovenko has expressed confidence that
their blockchain can handle the growing demand for decentralized
applications (dapps) without needing layer-2 solutions like those
employed by Ethereum. Solana Doesn’t Need Layer-2 Solutions In a
post on X, Yakovenko argued that Solana’s design, which
utilizes a hybrid consensus mechanism, enables it to scale
efficiently without relying on additional layers. The co-founder
explained that their goal is to eventually synchronize a global
atomic state machine “as fast as the laws of physics allow.” With
this stance, Yakovenko appears to be downplaying the role of
layer-2 off-chain options like Arbitrum and Base. Related Reading:
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Single Day “Solana aims to synchronize a global atomic state
machine as fast as the laws of physics allow,” Yakovenko said on X.
“In this end state, any layer-2, side chain, or zero-knowledge
proof Valadium amounts to the same thing. They are external
execution environments that cannot ensure atomic composition with
the rest of the layer-1 state.” Despite the position Yakovenko
takes, the co-founder said the floor is open for developers to
create layer-2 solutions. However, it won’t be necessary because
the network can handle such demand without such workarounds.
Ethereum Is Confident Layer-2s Will Be Key To Scaling This stance
contrasts Ethereum’s approach, which increasingly relies on layer-2
solutions to alleviate congestion and high transaction fees.
Layer-2 options such as Optimism and Arbitrum have gained
popularity for their ability to offload transactions from the
mainnet while maintaining compatibility with existing smart
contracts. To quantify their role in scaling Ethereum, L2Beat
data shows that the layer-2 solutions have a combined
total value locked (TVL) of over $20 billion. The largest of them
is Arbitrum, which manages $10 billion of assets when writing on
January 5. Though Yakovenko’s comments reflect Solana’s focus on
providing a high-performance, low-cost environment for apps, there
have been instances when the network froze, calling its reliability
into question. To resolve this, the platform plans to upgrade its
client, adding the Firedancer for increased node reliability and
performance. Related Reading: Ethereum Mega Whales Continue
To Buy: Do They Know Something You Don’t? On the other hand,
Ethereum seems to be going the layer-2 route. During their
developer call, it was decided that Ethereum’s gas limit won’t be
increased further from the 30 million gwei level. This,
analysts concluded, meant the delay of on-chain scaling
ambitions for off-chain methods, specifically off-chain and
sidechain rails. Feature image from Canva, chart from TradingView
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