Episode Details

Solana on Ethereum: The End of L2 Tradeoffs? | Anil Kumar
8/13/2024
Empire β†—

Key Insights

Bullish:

  • 🟒 $SOL - Discussing the potential of Solana's security, maturity, and future developments.
    • β€œSolana has much more security than any of these chains in terms of the amount stake... It has an existing stake, well tested, sufficiently decentralized. So why not use it?” - Anil (0:00)
    • β€œSolana is much more than just a sequencer for this call. What we can provide based upon Solana's properties, the some of the best properties, which is its consensus layer, as a set of services for l twos.” - Anil (0:00)
    • β€œSolana has seen, lot of these issue, and it has fixed those issues... it is much more mature than any other l one that you can bring up now as a shared sequencer or a sequencer.” - Anil (0:00)
    • β€œSolana has much more security than any of these chains in terms of the amount stake. In terms of validators, number of validator that are participating, for, ordering of transaction, execution of transaction. 1500 for Solana. It's substantially, order of magnitude more than, other chains.” - Anil (0:00)
    • β€œThe road map ahead of Solana is much more, exciting in terms of Fire Dancer coming in, in terms of different, improvements that are coming in.” - Anil (0:00)
    • β€œWe are partnering with, Celestia, to provide DL layer, those that roll up that want to use Celestia for DL.” - Anil (0:00)
    • β€œSolana has existing stake, well tested, sufficiently decentralized. So why not use it? It has an EVM. We have built our own ROM EVM. So you can run different smart contract. You can run different, and you can run it at a very high speed.” - Anil (0:00)πŸ”’
    • β€œSolana is balance of all these things to provide, low cost, immutable, decentralized, high security ordering of transaction.” - Anil (0:00)πŸ”’
    • β€œWe are gearing up, with our dev net release. So, it can come out soon. Hopefully, in August itself, we would release our dev net.” - Anil (0:00)πŸ”’
    • β€œWe are going to announce, maybe this is Anupa, We are, partnering with, Celestia, to provide DL layer, those that roll up that want to use Celestia for DL.” - Anil (0:00)πŸ”’
    • β€œWe are also bringing out, fast finality layer where you have commitment, via the AVS, between, confirmed Solana transaction and the finalized Solana transaction.” - Anil (0:00)πŸ”’
    • β€œWe are also bringing z k co processor and number of other services that would be helpful for l twos to scale, which would provide, like, the aggregation layer.” - Anil (0:00)πŸ”’

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