Solana Co-Founder Challenges Layer 2s—Are They Even Needed?


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The co-founder of a well-liked cryptocurrency took a swipe at Layer-2 cryptos, claiming that these rollups are solely redundant and make blockchain scaling extra difficult.

Anatoly Yakovenko, co-founder of the Solana community, argued that Layer-1 options are enough with out Layer-2 tokens which don’t provide real, long-term advantages.

Layer-2 Not Wanted?

Yakovenko mentioned in an X submit that Layer-2 cryptocurrencies are pointless and solely add pointless complexity to blockchain scaling.

“There isn’t any cause to construct an L2,” Yakovenko mentioned in a submit, which is the Solana co-founder’s response to @ripdoteth, who claimed that there is no such thing as a cause to construct a Layer-1.

The crypto co-founder argued that Layer-1 options, just like the Solana community, can already provide environment friendly, low-cost, and safe scaling options. Therefore, he mentioned that Layer-2 tokens are solely offering redundancy.

“They aren’t slowed down by a glacially shifting L1 information availability stack, or should compromise safety with advanced fraud proofs and improve multisigs,” he defined.

He added that Solana doesn’t encounter these sorts of issues because it has separate execution and information layers on an environment friendly base layer.

Storage Points

Yakovenko described Solana’s information technology as tiny at 80 terabytes yearly, saying that Layer-1 can not scale as a result of they’re hindered by storage.

“Solana generates a measly quantity of information. Like 80TB per yr up to now. It’s simply not sufficient information to construct a enterprise round, however an excessive amount of for any particular person to simply retailer,” Yakovenko mentioned.

Solana market cap at present at $71.5 billion. Chart: TradingView.com

The crypto co-founder advised customers to not create baseless Layer-2 cryptocurrencies, saying early this month, “You’ll be able to skip making a worthless L2 and simply launch a token.”

When requested about Solana’s plan on offloading unused storage, he responded that the ledger is happening “filecoin or no matter decentralized storage supplier needs it.”

Some Do Not Agree

A number of crypto traders disagree with Yakovenko, arguing that Layer-2 options are crucial.

“L1s can’t scale to accommodate 8 billion international customers. L2s are wanted regardless of which chain you see main the way in which. And they are often sooner, cheaper, safer, interoperable, specialised to make use of case, localized or decentralized, evolve quick or ossify,” @RuzhyoX commented on Yakovenko’s submit.

The Solana co-founder replied that Layer-1 can accommodate 8 billion customers, saying, “8 billion * 3 txs per day is sub 300k tps. That matches in underneath 1gbps of block throughput for 400 byte txs.”

He argued that Solana’s design permits it to compete with each Ethereum Layer-2 answer immediately, which isn’t the case with Ethereum itself. “There isn’t any level to a number of L2s … if a single L2 can deal with parallel execution, then it may possibly burn up all of the blobspace and run each use case.”

Featured picture from Gemini Imagen, chart from TradingView

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