Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (2,142)
  • Analysis (2,302)
  • Bitcoin (2,902)
  • Blockchain (1,778)
  • DeFi (2,097)
  • Ethereum (2,083)
  • Event (72)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,143)
  • Press Releases (10)
  • Reddit (1,558)
  • Regulation (2,012)
  • Security (2,780)
  • Thought Leadership (3)
  • Videos (43)
Hand picked
  • Putin’s senior advisor says the US intends to migrate debt into stablecoins, devalue it, and “start from scratch.”
  • Fetch.ai and Ocean Protocol work to resolve $120 million FET dispute
  • ASTER targets a significant portion of S3 fees for $ASTER redemptions
  • WSPN brings stablecoin settlement to e-commerce payment
  • Account Abstraction in Web3: Unlock Gasless Transactions and Seamless User Experience
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»DeFi»Solana best suited to L1 only
DeFi

Solana best suited to L1 only

April 21, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
S6867.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


The CEO of the UNISWAP Labs, Hayden Adams, estimated that Solana has a “better roadmap, a team and an approach” to directly develop decentralized finances (DEFI) on the monolithic layer 1.

In recent years, Ethereum has focused on the development of a modular approach centered on rollers. Much more activity is now occurring on layer 2 networks, and some criticisms have argued that they are parasite compared to layer 1.

Adams expressed skepticism as to the abandonment of years of work in this particular direction, arguing that Solana would be better suited to the race for layer 1.

“Do you want to throw this on the last straight because of the reason?” He estimated.

Adams added that he would go well with a scaling approach centered on L1. However, this would require “substantial compromise”.

“Ethereum is for everything”

This occurs after the co-founder without benches David Hoffman said that “Ethereum L1 was for Defi”.

In an article still to be published, Hoffman maintains that Ethereum should be “the obvious place for manufacturers, users and assets to reside”. He says that “no blockchain” will ever have the properties that Ethereum has, insisting that it is the only decentralized intelligent contract platform with “a perfect increase”.

He claims that so many possible economy should be on the L1. “L1 should serve everyone,” he added.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleXRP prices, using XRP on Cloud Mining Blockchain, to win $ 7788a
Next Article Metaplanet acquires 330 BTC in the middle of the instability of the current cryptography market

Related Posts

DeFi

Bunni DeFi Exploit shakes up the crypto world and teaches us vital lessons

October 24, 2025
DeFi

Why DeFi teams lost a record $800 million on “interrupted” buyback programs – DL News

October 24, 2025
DeFi

a16z crypto invests $50 million in Jito to expand Solana’s DeFi infrastructure

October 24, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Zebu Live 2025 Returns to London with Coinbase, Ripple, Binance, and More Leading the UK’s Web3 Revolution

October 17, 2025

London, UK, October 16th, 2025 — Zebu Live, London’s flagship Web3 summit, returns this October…

Event

WOW Summit Hong Kong 2025 Concludes, Cementing the City’s Status as a Global Tech Epicenter

October 15, 2025

Hong Kong once again became the heartbeat of global innovation as WOW Summit Hong Kong…

1 2 3 … 58 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

ASTER targets a significant portion of S3 fees for $ASTER redemptions

October 24, 2025

From grassroots to tempo: why crypto heavyweights are betting big on privacy

October 24, 2025

Cathie Wood-backed Solana treasury explodes 50% after revealing ‘aggressive’ M&A and SOL purchases

October 24, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 110,616.64
ethereum
Ethereum (ETH) $ 3,918.55
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 1,112.23
xrp
XRP (XRP) $ 2.49
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,916.50
dogecoin
Dogecoin (DOGE) $ 0.195725
tron
TRON (TRX) $ 0.307968
cardano
Cardano (ADA) $ 0.64828