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

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The co-founder of a popular cryptocurrency has a blow in Layer-2-Kryptos and claims that these rollups are only superfluous and that blockchain scaling make it more complicated.

Anatoly Yakovenko, co-founder of the Solana network, argued that solution solutions without layer-2 token are sufficient that do not offer real, long-term benefits.

Shift-2 not needed?

Yakovenko said in an X-Post that the cryptocurrencies of the Layer-2 are unnecessary and that blockchain scaling only gives unnecessary complexity.

“There is no reason to build an L2,” said Yakovenko in a post that is the answer of the Solana co-founder to @ripdoteth, who claimed that there was no reason to build a shift 1.

The crypto co-founder argued that Layer 1 solutions such as the Solana network can already offer efficient, cheap and safe scaling solutions. So he said that shift-2 token only deliver redundancy.

“You are not slowed down by a glacian -moving L1 data availability stack or have to impair security with complex fraud proofs and upgrade them multi,” he explained.

He added that Solana did not come across this type of problems, as it has separate execution and data layers on an efficient basic layer.

Storage problems

Yakovenko described Solana’s data production as tiny at 80 terabytes annually and said that Layer-1 cannot scale because they are hindered by the memory.

“Solana generates a massive amount of data. So far 80 TB per year. There are simply not enough data to create a business, but too much for one person to save it easily,” said Yakovenko.

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

The crypto co-founder asked users not to create unfounded cryptocurrencies in Layer-2. He said at the beginning of this month: “You can skip a worthless L2 and just start a token.”

When he was asked about Solana’s plan to unload an unused memory, he replied that the main register on “Filecoin or which decentralized storage provider would like it.”

Some do not agree

Several crypto investors do not agree with Yakovenko and argue that solution solutions are required.

“L1S cannot scale to take up 8 billion global users. L2s are necessary, regardless of which chain you see the way. And you can faster, cheaper, safer, interoper, specialize for the application, localized or decentralized, fast or ossified,” commented @ruzhyox on Yakovekos Post.

The co-founder of Solana replied that Layer-1 can record 8 billion users and said: “8 billion * 3 TXs per day are SUB 300,000 TPs. This fits in less than 1 GBit / s block throughput for 400 byte TX.”

He argued that Solana’s design made it possible to compete directly with every Ethereum Layer 2 solution, which is not the case with Ethereum itself. “It makes no sense for several L2s … If a single L2 can process a parallel version, it can consume the entire Blobspace and carry out every application.”

Selected picture of Gemini Imageen, Diagram from Tradingview

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