Legendary developer Andre Cronje slammed Ethereum (ETH), Avalanche (AVAX) and Polygon (MATIC) with single Drake meme
Andre Cronje, a key figurehead of the yearn.finance (YFI) protocol and one of the influential builders within the decentralized finance (DeFi) section, slams all main “horizontal” scaling applied sciences with one meme.
Andre Cronje doesn’t like sidechains, L2s and subnets
Cronje has taken to Twitter to share a meme about scalability add-ons to main sensible contract platforms. It seems to be like he’s not an enormous fan of what Ethereum (ETH) and Avalanche (AVAX) are doing to scale.
— iamdefinitelyandre.ftm (@AndreCronjeTech) November 5, 2022
Ethereum’s (ETH) second-layer networks like Optimism, Arbitrum, Boba and Metis, Avalanche’s (AVAX) subnets and Polygon’s (MATIC) sidechains can’t be an alternative choice to a Layer 1 blockchain that scales “with demand.”
That stated, he confused the significance of Fantom’s (FTM) “vertical” method to the scaling of blockchain throughput with out sacrificing decentralization, velocity and cost-efficiency.
Additionally, he mentioned Fantom Digital Machine, FTM substrates, flat storage and parallel processing as promising tech developments of Fantom. In accordance with him, this is what builders ought to be targeted on as an alternative of constructing NFT marketplaces, GameFi platforms and metaverses.
What’s vertical scaling in Fantom (FTM)?
As U.Immediately coated beforehand, Andre Cronje’s alleged comeback to the Fantom (FTM) ecosystem and the DeFi section has already catalyzed FTM and YFI costs.
In contrast to mainstream EVM-based blockchains, Fantom (FTM) prioritizes “vertical scaling.” As a substitute of constructing an extra layer for transactions (a sidechain or an L2 community) off the chain, this method is concentrated on natural enhance of L1 throughput.
This method doesn’t want numerous blockchains to work together with one another (e.g., Ethereum with Arbitrum, BNB Chain with Boba Community); that makes its operations safer.