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HomeCryptoBlockchainSolana-based Neon EVM adopts ‘community extension’ title

Solana-based Neon EVM adopts ‘community extension’ title

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Narratives transfer shortly in crypto.

A month and a half in the past, Solana Basis head of technique Austin Federa wrote on X that “​​Many of the L2-ish issues on Solana are higher considered Community Extensions.” The essential rationale is that whereas layer-2s are supposed to scale Ethereum by working sensible contracts extra cheaply on totally different software program, Solana is supposed to scale on the base layer, and plenty of Solana-centric networks are supposed to do various things than the layer-1.

This kicked off a web based debate primarily between Solana followers who agreed with Federa and Ethereum boosters who argued that Solana was merely rebranding the idea of layer-2s, that are a frequent matter of Solana ire.

At present, Neon EVM, a platform for deploying Ethereum-centric apps on Solana, formally adopted the “community extension” title. The transfer comes only a month and a half after the time period made its public debut.

“Not like an L2, Neon EVM doesn’t add an additional layer on high of Solana,” Neon EVM chief industrial officer Davide Menegaldo advised me in a textual content. “L2s are constructed on high of a base Layer 1 blockchain to boost scalability, they batch transactions earlier than selecting the primary chain, and so they [fragment] liquidity in addition to consumer expertise.”

Neon EVM doesn’t do any of this stuff, Menegaldo argues, so it’s higher considered a community extension.

After I requested Federa about his time period, he stated community extensions are supposed to be a big-tent time period that ditch the Ethereum-centric assumptions about what L2s are.

“Neon EVM shouldn’t be an L2 on Solana, it’s a ‘L1.5’ as a result of it’s its personal VM however it will probably atomically compose with SVM stuff. What will we name that? It’s not a rollup, not an L2… [it’s] a community extension,” Federa wrote in a direct message.

Neon isn’t alone in embracing the time period. Solana co-founder Anatoly Yakovenko voiced his assist, and a co-founder of the high-throughput Ethereum layer-2 MegaETH stated she preferred the label.

L2s aren’t completely Ethereum’s terrain although. The Solana-based DeFi platform Zeta is constructing a layer-2 that makes use of a sequencer and follows loads of the rules that go into Ethereum L2 design, the platform’s founder Tristan Frizza advised me.

Zeta additionally has an analogous mission to ETH L2s, which is to realize decrease latency than Solana’s 400 ms block instances would enable, so Frizza feels “hesitant” to undertake the community extension time period.

“I really feel prefer it’s a Solana advertising and marketing time period for L2s, however idk if there are different apps/chains which are genuinely fully totally different,” Frizza wrote in a textual content.

Helius CEO Mert Mumtaz additionally got here out towards calling L2-like tasks on Solana community extensions, casting them as “too common.”

As a substitute, these debating semantics ought to “construct one thing individuals want so crypto total can develop the pie…hope this helps,” Mumtaz wrote.

Solana-based Neon EVM adopts ‘community extension’ title

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