Anatoly Yakovenko, co-founder of Solana, has expressed confidence in the ability of their blockchain to handle the increasing demand for decentralized applications (dapps) without the need for layer-2 solutions, unlike Ethereum.
Yakovenko argued that Solana’s design, which uses a hybrid consensus mechanism, allows it to scale efficiently without the need for additional layers. He explained that their aim is to synchronize a global atomic state machine “as fast as the laws of physics allow.” This stance seems to downplay the role of layer-2 off-chain options like Arbitrum and Base.
Yakovenko stated, “Solana aims to synchronize a global atomic state machine as fast as the laws of physics allow. 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 Yakovenko’s position, he said that developers are free to create layer-2 solutions. However, he believes it won’t be necessary as the network can handle such demand without these workarounds.
This approach contrasts with Ethereum’s, 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. According to L2Beat data, these layer-2 solutions have a combined total value locked (TVL) of over $20 billion, with Arbitrum managing $10 billion of assets as of January 5.
While 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, raising questions about its reliability. To address 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 favoring the layer-2 route. During a developer call, it was decided that Ethereum’s gas limit won’t be increased further from the 30 million gwei level. Analysts concluded that this means a delay of on-chain scaling ambitions for off-chain methods, specifically off-chain and sidechain rails.
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This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 1 |
| People | Anatoly Yakovenko |
| Companies | Solana, Arbitrum, Ethereum, L2Beat, NewsBTC |
| Currencies | Ethereum, Solana |
| Securities | None |
