Uniswap Founder: Solana Best Fit for L1-Only DeFi

by Ron Effertz

Uniswap Labs CEO Hayden Adams has opined that Solana has a “greater roadmap, team, and contrivance” for increasing decentralized finance (DeFi) straight away on the monolithic layer-1.

Throughout the last several years, Ethereum has been occupied with increasing a modular rollup-centric contrivance. Device extra project is now going down on layer-2 networks, and some critics delight in argued that they are parasitic in terms of layer-1.

Adams has expressed skepticism relating to abandoning years of work on this negate direction, arguing that Solana would be the next fit for working DeFi on layer-1.

“You will must throw this away at the closing stretch on yarn of of what motive?” he opined.

Adams has added that he would be gorgeous with an L1-centric scaling contrivance. This, however, would require tall tradeoffs. “

“Ethereum is for all the pieces”

This comes after Bankless cofounder David Hoffman said that the “Ethereum L1 is for DeFi.”

In a yet-to-be-published article, Hoffman argues that Ethereum ought to be “the evident self-discipline for builders, customers, and assets to dwell.” He claims that “no blockchain” will ever delight in the properties that Ethereum has, insisting that it’s miles the fully decentralized clear contract platform with “supreme uptime.”

He claims that as a lot economic system as imaginable ought to be on the L1. “L1 ought to support everyone,” he added.

Related Posts