Layer 2
Solana co-founder disputes layer 2s as better scaling option

Credit : crypto.news
Co-founder of Solana Anatoly Yakovenko has challenged the necessity for Layer-2 options, with the argument {that a} well-optimized Layer-1 can sufficiently meet pace, prices and safety necessities.
The controversy then began Rip.eth on X that there’s “no cause to construct an L1” as a result of Layer-2s provide higher pace, security and price effectivity with out the burden of recent consensus mechanisms. He talked about Eclipse, an Ethereum (ETH) layer -2 that makes use of the Digital Machine from Solana (SOL), for example of an optimized scale method.
In response to the Misplaced, Yakovenko argued {that a} well-optimized low-1 will be safer, quicker and cheaper and pushes again on the concept that Layer-2s are one of the best scale resolution. He famous that Layer-2s typically introduce safety dangers via fraud playing cards and multisigs and depend upon a slowly transferring low availability layer.
https://twitter.com/aeyakovenko/standing/1903854829480583607?s=46&t=NZNXKSSS3DEBX8JIHNZSWSWZWZWZWOG
When he demanded blockchain, he rejected the priority and stated that Solana generates about 80 TB knowledge per yr, too little to construct an organization, however an excessive amount of for an individual to avoid wasting simply. When storing, he clarified that the ledger of Solana is separate from its state and will be discharged to decentralized storage suppliers akin to Filecoin.
The feedback from Yakovenko fluctuate tremendously from these of Ethereum-MEDE founder Joseph Lubin, who considers Layer-2s important to scales. Talking on the latest Digital Asset Summit, Lubin claimed that Ethereum is one of the best platform for Rollups due to the safety. He confirmed his conviction that the way forward for Ethereum is in Lagen-2 growth.
Layer-2’s are already debuting about Solana, regardless of the doubts of Yakovenko. Solaxy, a brand new scale resolution that picked up $ 19 million in February, processes transactions off-chain earlier than they decide on Solana’s mainnet to scale back congestion.
The necessity for a low-2 akin to Solaxy stems from the numerous development of decentralized funds and memecoins on Solana, which triggered the capability of the community and sometimes.
Though the approaching improve of Firedancer is predicted to extend the transit of Solana to 1,000,000 transactions per second, congestion stays an issue. Some builders consider that to stop congestion and to make sure scalability in the long run, Layer-2 options are nonetheless wanted.
-
Meme Coin7 months ago
DOGE Sees Massive User Growth: Active Addresses Up 400%
-
Blockchain1 year ago
Orbler Partners with Meta Lion to Accelerate Web3 Growth
-
Videos1 year ago
Shocking Truth About TRON! TRX Crypto Review & Price Predictions!
-
Meme Coin1 year ago
Crypto Whale Buys the Dip: Accumulates PEPE and ETH
-
NFT9 months ago
SEND Arcade launches NFT entry pass for Squad Game Season 2, inspired by Squid Game
-
Solana4 months ago
Solana Price to Target $200 Amid Bullish Momentum and Staking ETF News?
-
Ethereum1 year ago
5 signs that the crypto bull run is coming this September
-
Gaming1 year ago
GameFi Trends in 2024