Latest News and Articles about Layer-1
Solana Co-Founder Challenges Layer-2 Need: Claims L1 Can Handle 24B Daily Transfers
Solana’s Bold Vision: Challenging the Need for Layer-2 Solutions Anatoly Yakovenko, the visionary behind Solana, argues that layer-1 blockchains can handle global transaction demands, rendering the development of layer-2 solutions unnecessary. Solana co-founder argues against layer-2 solutions Claims layer-1 can process 24 billion transfers daily Challenges prevailing narrative on blockchain scaling Yakovenko’s bold claim is […]
Read MoreSolana Co-Founder Challenges Layer-2: L1s Outperform in Speed and Security
Solana Co-Founder Anatoly Yakovenko Challenges the Need for Layer-2 Solutions Solana co-founder Anatoly Yakovenko has sparked a heated debate by asserting that layer-1 (L1) blockchains like Solana can outperform layer-2 (L2) solutions in terms of speed, cost-efficiency, and security. His critique comes as Ethereum faces significant challenges, including a reported 95% drop in quarterly transaction […]
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