Avalanche COO Shares Sensational Proposal for Ethereum’s Vitalik Buterin

AnalysisAvalanche COO Shares Sensational Proposal for Ethereum's Vitalik Buterin



Vladislav Sopov

Kevin Sekniqi, COO and co-founder of high-performance blockchain Avalanche (AVAX), explains what makes a good blockchain

Contents

Kevin Sekniqi, a key figurehead of the Avalanche (AVAX) platform, explains why simplicity is a virtue for every L1 in Web3—and what the perfect global blockchain ecosystem looks like.

“Simplicity is king”

Mr. Sekniqi has taken to Twitter to share his views on the bottlenecks and prospects of blockchain infrastructure. According to him, every decentralized system should be as simple as possible.

The perfect disributed architecture should be “simple and boring,” as this is the only way to reduce finality understood as a function of both throughput and latency. At the same time, this system should sacrifice decentralization.

Scaling techniques and architecture advances like zk-rollups or sharding are “cool” technologies, but they are not able to help the blockchains to achieve their essential goals.

As such, the perftect cross-network ecosystem for Mr. Sekniqi looks like the infrastructure of interconnected “boring” Layer 1 blockchains:

It’s the simple one: a bunch of non-complex L1s with decently secure bridges between them.

Will Ethereum (ETH) be better as an Avalanche (AVAX) subnet?

He also shared the list of networks that meet his requirements: Ethereum, Avalanche, Solana, Cosmos and Luna.

By the way, Ethereum (ETH) developers should consider its reorganization to a subnet in Avalanche (AVAX) architecture, while Solana’s team needs to reform fee markets:

This take was immediately slammed by Ethereum (ETH) cheerleaders, who recalled that Ethereum’s number of validators is 234 times higher than that of Avalanche (AVAX). Also, they accused Mr. Sekniqi of “attention farming” and proposed to turn Avalanche (AVAX) into an Ethereum rollup.



Learn more

Latest news

Lessons From 22 Ashoka Social Entrepreneurs About Systems Change

With a four decades-long track record of promoting and supporting social entrepreneurship, for-profits and nonprofits alike have a...

Adani Group sheds $68B in value despite 413-page rebuttal to short seller

Billionaire Gautam Adani’s sprawling business empire has lost a stunning $68 billion in market value through Monday —...

How To Look At A Product From All Angles Before Launching

CEO & Founder @ Refocus, EdTech enthusiast, investor, mentor and marketing expert. Even a seemingly proper analysis of supply...

Flare (FLR) Maintains 17% WTD, Here Are 3 Reasons Boosting Price

Godfrey Benjamin Flare (FLR) is trading at $0.0472 after number of ecosystem updates were published FLR, the airdropped native digital...

Must read

Lessons From 22 Ashoka Social Entrepreneurs About Systems Change

With a four decades-long track record of promoting...

Adani Group sheds $68B in value despite 413-page rebuttal to short seller

Billionaire Gautam Adani’s sprawling business empire has lost...

You might also likeRELATED
Recommended to you