The Influence of Ethereum's Complexity on Solana's Objective

Anatoly Yakovenko believes that Ethereum's complexity directs attention towards Solana's mission. In a recent interview on Bankless, the co-founder of Solana expresses that their primary aim is the creation of an exceptionally fast chain.

According to Yakovenko, factors such as network effects and total value locked (TVL) may have significance, but he deems them as not sufficiently challenging to warrant his dedication. His focus lies on developing solutions with proven effectiveness.

From Yakovenko's perspective, the proliferation of layer-2s (L2s), networks, and various digital asset environments is beneficial. He asserts that the existence of diverse platforms facilitates a rapid price discovery mechanism that aligns with the speed of light. This extensive landscape offers ample opportunities for price exploration and evaluation.

Yakovenko encourages the construction of multiple L2s and the introduction of numerous ultrasound monies. He envisions a future where a chain operates at the peak speed permitted by physics, dependent on advancements in hardware capabilities.

At the time of writing, SOL, the fifth-ranked cryptocurrency by market capitalization, is trading at $173.10, reflecting a more than 4% increase in the past 24 hours.

Source: Extracted from 'The Bit Times' article