Solana-based Neon EVM adopts ‘network extension’ title - Blockworks
Solana Foundation’s Austin Federa wrote on X that “Most of the L2-ish things on Solana are better thought of as Network Extensions” Neon EVM and Adobe stock modified by Blockworks Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Narratives move quickly in crypto. A month and a half ago, Solana Foundation head of strategy Austin Federa wrote on X that “Most of the L2-ish things on Solana are better thought of as Network Extensions.” The basic rationale is that while layer-2s are meant to scale Ethereum by running smart contracts more cheaply on different software, Solana is meant to scale at the base layer, and many Solana-centric networks are meant to do different things than the layer-1. This kicked off an online debate mainly between Solana fans who agreed with Federa and Ethereum boosters who argued that Solana was simply rebranding the concept of layer-2s, which are a frequ
Explore this link on the map →