Anatoly Yakovenko, co-founder of SOL He recently highlighted the relationship between Solana and ethereum when he said: “Solana is ethereum.” This statement came in a post that also shed more light on the future of blockchain interoperability and Solarium role in all of this.
Why “Solana is ethereum“
in a mail On his platform With this, Yakovenko raised the prospect of Solana and ethereum being interoperable despite operating different protocols and consensus mechanisms.
The co-founder went on to state that this will be more feasible as soon as “danksharding expands,” as SOL blocks could be sent to some “data validation bridge contract on ethereum.” Danksharding is a major improvement that will be made to the ethereum network in an attempt to improve its scalability and efficiency.
Yakovenko's proposal is interesting, considering that Solana has long been dubbed the “ethereum killer.” However, the co-founder has shown who is more interested in collaboration than competition. He previously implied who found the label distasteful as he did not see a future in which SOL thrives and somehow eth dies.
Meanwhile, according to Yakovenko's explanation, Danksharding is necessary if the network is to somehow become a layer 2 for ethereum. This is because ethereum does not have enough bandwidth for all SOLs data.
Solana appears to have even more capacity than ethereum, as does the co-founder mentioned that it would be easier for ethereum to become a layer 2 for Solana because it has more capacity for all ethereum blocks.
<img decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/vPawG90K/" alt="Solana Price Chart by Tradingview.com (ethereum SOL Founder)” width=”3266″ height=”1530″/>
SOL price at a high $114 | Source: SOLUSD on Tradingview.com
What happens if ethereum reorganizes?
Another X user raised the question of Solana and ethereum bragging different consensus mechanisms in response to Yakovenko's statement. The user asked What would happen to SOL while acting as layer 2 if ethereum reorganize
The Solana co-founder, in response, explained that users would still be able to take their eth tokens out of the bridge if that happened. He further noted that whether or not network Whether ethereum does reorganize depends on social consensus and is not defined in the bridge contract. However, that could be another problem, as there will need to be agreement on both ends for a seamless integration.
Yakovenko also addressed concerns about double spending when fixed that Solana will not mint the wrapped eth token “as is” until ethereum reaches its full finality. He also alluded to UASF (user activated soft forking), which could play an integral role in curbing this.
Featured image from Cryptoradar, chart from Tradingview.com
