Solana Co-Founder Trashes L2s, Says L1s Are Faster and More Secure

Solana co-founder Anatoly Yakovenko has acknowledged that there isn’t a motive to construct layer-2 (L2) options.

In keeping with Yakovenko, layer-1 (L1) options could be sooner, cheaper, and safer.

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

Yakovenko has additionally added that Solana really generated a “measly” quantity of information (roughly 80 terabytes per 12 months) in response to a query in regards to the storage limitations of L1 blockchains.

Solana is competing with each L2

Earlier this month, he argued that customers “can skip making a worthless L2 and simply launch a token.”

Yakovenko has additionally opined that Solana is competing with “each” Ethereum L2. Nevertheless, this isn’t the case for the Ethereum mainnet.

A number of L2s are redundant

The Solana co-founder believes that having a number of L-2 options is pointless on condition that the variety of beneficial sensible contracts is finite.

“There isn’t any level to a number of L2s. If a single L2 can deal with parallel execution, then it might dissipate all of the blobspace and run each use case. What’s extra is that there aren’t infinite helpful sensible contracts, not to mention execution environments,” he stated again in January.

Ethereum’s L2 disaster

Ethereum’s quarterly transaction income has now plunged by a whopping 95% from the all-time excessive that was recorded within the fourth quarter of 2021.

Final 12 months, Yakovenko described L2s are “parasitic” after they take extra precedence transactions from the bottom layer.