According to Solana Co-Founder Yakovenko, Ethereum May Serve as Layer-2 for SOL

According to Anatoly Yakovenko, the co-founder of Solana, the notion of using Ethereum as a layer-2 for the Solana blockchain is not as crazy as it may sound, despite some restrictions and potential hazards.

According to Solana Co-Founder Yakovenko, Ethereum May Serve as Layer-2 for SOL

Yakovenko examined how such an integration would develop in a series of tweets on Sunday, saying that the technical partnership is probably more likely than one might initially believe.

By serving as Solana’s layer-2, Ethereum would give holders of SOL assets finality guarantees that they can safely leave Ethereum and return to Solana even in the case of transaction double spends or invalid state transitions, according to Yakovenko, who contends that these scaling solutions are bridge protocols that only offer one-way security.

What is Required for this System?

According to Yakovenko, for this system to work, all Ethereum transactions would need to enter Solana, and a Simplified Payment Validation (SPV) root would need to be created for the resulting state. This would serve as proof that an agreement has been reached between Ethereum validators regarding the state of the network.

Finally, a bridge timeout mechanism will be required to detect and correct potential protocol flaws. According to Yakovenko, such flaws include censorship, incorrect root computation, and competing SPVs for the root.

Significant Risks in Integration

Yakovenko also emphasized the constraints and potential dangers connected with this integration, stating that while it would be safe to hold SOL assets on the Ethereum blockchain, it would not be safe to lend them out or take positions against them.

Another significant concern is that the Ethereum network might experience a bug or a controversial social consensus fork. In such a case, it is possible for the Ethereum-based representations of Solana assets to diverge from the consensus fork, rendering these assets essentially useless.