Solana (SOL) Founder Makes Surprising Satoshi Statement

by Louvenia Conroy

In a fresh tweet, Solana founder Anatoly Yakovenko made an spectacular Satoshi demonstrate in relation to Solana saying “Solana is a Bitcoin L2 steered but no longer backed by Satoshi. She accurate did a much better job covering her tracks this time spherical.”

Solana is a bitcoin L2 steered but no longer backed by Satoshi. She accurate did a much better job covering her tracks this time spherical.

— toly 🇺🇸 | compressed (@aeyakovenko) September 15, 2024

Solana (SOL) was designed to scale censorship resistance, taking into consideration an present an explanation for-of-magnitude boost in transaction throughput at a much lower cost than other blockchains take care of Bitcoin or Ethereum.

Yakovenko proposed the Solana blockchain in 2017 and later launched it in March 2020. This was years after Satoshi Nakamoto, the pseudonymous creator of Bitcoin, vanished. The BTC creator disappeared from the gain in 2011.

Solana Bitcoin Layer 2?

Layer 2 (L2) solutions intention to enhance the scalability and efficiency of blockchain networks. While Solana (SOL) was designed to scale censorship resistance, Yakovenko’s reference to Solana as a Bitcoin L2 must no longer be taken actually as Solana is an self ample Layer-1 blockchain with a race proof-of-historical previous (PoH) consensus mechanism.

The Solana founder will doubtless be hinting at a connection between the two blockchains, per chance implying that Solana’s architecture attracts on about a of Bitcoin’s underpinnings.

This is able to no longer be the first time the Solana founder could be making this form of tongue-in-cheek commentary. In February, following the revelation of 120 pages of an email conversation between Satoshi Nakamoto and Martti Malmi, one in every of the distinctive Bitcoin builders, the Solana co-founder reacted to a race share of the emails that drew parallels between Bitcoin’s ideologies highlighted by Satoshi with that of Solana.

Yakovenko commented “Satoshi furthermore invented solana. She accurate did a much better job covering up her tracks this time. The reality is within the marketplace.”

At the time of writing, Solana’s native cryptocurrency SOL was down 0.25% within the closing 24 hours to $136.

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