• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Regulation

Solana Co-Founder: The Blockchain Doesn't Need Layer-2s Like Ethereum

approx by approx
January 5, 2024
in Regulation
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


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.

“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. 

Solana price trending sideways on the daily chart | source: SOLUSDT on Binance, TradingView
Solana price trending sideways on the daily chart | source: SOLUSDT on Binance, TradingView

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.

Layer-2s total value locked | Source: L2Beat
Layer-2s total value locked | Source: L2Beat

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. 

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

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.





Source link

Related articles

Ethereum’s 4 consecutive weeks of price rallies fuel bullish bets of $3200

Ethereum’s 4 consecutive weeks of price rallies fuel bullish bets of $3200

April 24, 2026
The Future of Ethereum’s State

ETH Rangers Program Recap | Ethereum Foundation Blog

April 16, 2026
Share76Tweet47

Related Posts

Ethereum’s 4 consecutive weeks of price rallies fuel bullish bets of $3200

Ethereum’s 4 consecutive weeks of price rallies fuel bullish bets of $3200

by Moussa
April 24, 2026
0

Make CryptoSlate preferred on Ethereum traders are rebuilding bullish exposure to the second-largest cryptocurrency, with derivatives markets showing renewed demand...

The Future of Ethereum’s State

ETH Rangers Program Recap | Ethereum Foundation Blog

by Moussa
April 16, 2026
0

In late 2024, the Ethereum Foundation, together with Secureum, The Red Guild, and Security Alliance (SEAL), launched the ETH Rangers...

Checkpoint – March 2025 | Ethereum Foundation Blog

Checkpoint #9: Apr 2026 | Ethereum Foundation Blog

by Moussa
April 10, 2026
0

Ethereum's All Core Developer calls can be a lot to keep up with, so this "Checkpoint" series aims for periodic...

Ethereum Foundation keeps selling ETH after telling the market it was staking 70,000 coins

Ethereum Foundation keeps selling ETH after telling the market it was staking 70,000 coins

by Moussa
April 9, 2026
0

Make CryptoSlate preferred on The Ethereum Foundation (EF) announced on Apr. 8 that it would convert 5,000 ETH into stablecoins...

Charles Schwab’s Bitcoin and Ethereum rollout shows crypto is moving deeper into mainstream brokerage accounts

Charles Schwab’s Bitcoin and Ethereum rollout shows crypto is moving deeper into mainstream brokerage accounts

by Moussa
April 5, 2026
0

Make CryptoSlate preferred on Charles Schwab operates 38.9 million active brokerage accounts and holds $12.22 trillion in client assets. For...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News