Solana, a distinguished participant in crypto, has been a topic of a lot dialogue, notably relating to adopting Layer2 (L2) options. Anatoly Yakovenko, the co-founder of Solana, not too long ago 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 major goal.
In line with Yakovenko, the blockchain goals to develop its atomic world state machine – a complicated system designed to extend effectivity and scalability.
Yakovenko identified that whereas Layer2 options like aspect chains and zero-knowledge proofs are ‘innovative and welcomed,” they don’t contribute to the expansion 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 world atomic state machine as quick because the legal guidelines of physics enable.
On this finish state, any Layer 2, aspect chain, or…
— toly 🇺🇸 (@aeyakovenko) January 5, 2024
This angle underlines a clear focus on enhancing the blockchain’s Layer1 capabilities quite than counting on exterior execution environments that will not guarantee seamless integration with the Layer1 state. Yakovenko concluded:
Subsequently, this [Layer2] query won’t be fully related. Solana is targeted on persevering with to scale Layer 1 straight, 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 in regards to the safety of its ecosystem. Not too long ago, the blockchain has been confronted with the specter of ‘wallet drainers,’ malicious entities that exploit vulnerabilities to siphon funds from customers’ crypto wallets.
Studies point out that round 6,000 wallet drainers are active, posing important dangers to SOL traders. Regardless of these safety issues, SOL has demonstrated robust growth. The blockchain’s native token surged over 50% not too long ago, buying and selling above $100.
This bullish trend underscores the rising curiosity and confidence within the blockchain’s know-how 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 challenge, Pockets Guard has stepped in to guard towards these threats with new options particularly concentrating on SOL drainers.
🚨 SOLANA WALLET DRAINER
We’ve detected a brand new Solana pockets drainer package being actively distributed. That is focused at common meme cash corresponding to 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
