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Layer 2 On Solana? Possible But Irrelevant, Says Co-founder

January 6, 2024
in Bitcoin
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Solana, a distinguished participant in crypto, has been a topic of a lot dialogue, notably concerning adopting Layer2 (L2) options. Anatoly Yakovenko, the co-founder of Solana, lately clarified this matter, emphasizing the blockchain’s core mission and its stance on Layer2 options.

Solana’s Focus: Enhancing Layer1 Over Layer2 Options

Yakovenko, in a definitive assertion, dismissed the need of Layer2 options for SOL, labeling them irrelevant to the blockchain’s main goal.

Based on Yakovenko, the blockchain goals to develop its atomic world state machine – a classy system designed to extend effectivity and scalability.

Yakovenko identified that whereas Layer2 options like facet chains and zero-knowledge proofs are ‘revolutionary and welcomed,” they don’t contribute to the enlargement of the blockchain’s atomic world state machine.

Will @solana ever require Layer 2 options? There’s nothing stopping builders from creating Layer 2s on Solana. Nevertheless, Solana’s goal is to synchronize a worldwide atomic state machine as quick because the legal guidelines of physics permit.

On this finish state, any Layer 2, facet chain, or…

— toly 🇺🇸 (@aeyakovenko) January 5, 2024

This attitude underlines a transparent concentrate on enhancing the blockchain’s Layer1 capabilities reasonably than counting on exterior execution environments that won’t guarantee seamless integration with the Layer1 state. Yakovenko concluded:

Due to this fact, this [Layer2] query won’t be fully related. Solana is targeted on persevering with to scale Layer 1 instantly, enhancing the only digital machine occasion on that Layer 1, hopefully, with simply {hardware} upgrades sooner or later.

The Solana Ecosystem: Challenges And Prospects

Notably, Solana’s journey hasn’t been with out challenges, notably regarding the safety of its ecosystem. Lately, the blockchain has been confronted with the specter of ‘pockets drainers,’ malicious entities that exploit vulnerabilities to siphon funds from customers’ crypto wallets.

Reviews point out that round 6,000 pockets drainers are energetic, posing important dangers to SOL buyers. Regardless of these safety issues, SOL has demonstrated strong progress. The blockchain’s native token surged over 50% lately, buying and selling above $100.

SOL worth is transferring sideways on the 4-hour chart. Supply: SOL/USDT on TradingView.com

This bullish development underscores the rising curiosity and confidence within the blockchain’s expertise and potential. Nevertheless, the previous week has seen a slight downturn, with a 7.1% decline in SOL’s worth.

In response to the pockets drainer difficulty, Pockets Guard has stepped in to guard in opposition to these threats with new options particularly concentrating on SOL drainers.

🚨 SOLANA WALLET DRAINER

We now have detected a brand new Solana pockets drainer package being actively distributed. That is focused at well-liked meme cash reminiscent of Bonk, Jupiter, Chonky, Galactic Geckos & dogwifhat.

Our browser extension is now proactively blocking these web sites. 🫡 pic.twitter.com/59VVuUa2eI

— Pockets Guard (@wallet_guard) December 29, 2023

Featured picture from Unsplash, Chart from TradingView





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Tags: CoFounderIrrelevantLayerSolana
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