🤝 Ethereum and Solana: A Layer 2 Partnership.
Solana co-founder Toly explores Ethereum’s potential role in Layer 2 (L2) solutions and its impact on the market.
Ethereum on Layer 2:
L2 Collateral: Toly suggests that Ethereum could be used as collateral in L2 systems, even those not based on Ethereum.
Blob Market: Ethereum’s blob market could be significant in high congestion scenarios.
Impact on Costs:
Transaction Costs: L2 solutions that cannot change their Availability Layer (DA) could face higher costs, especially in high congestion situations.
User Sensitivity: Users are typically insensitive to low costs, but this could change if prices increase significantly.
The relationship between Ethereum and Solana in the L2 space is complex and could have implications for the costs and adoption of these technologies. An interesting collaboration in the world of cryptocurrencies.
#EthereumSolana#Layer2 #TransactionCosts