Solana co-founder Anatoly proposes a meta-blockchain concept

Source Cryptopolitan

Solana co-founder Anatoly Yakovenko has proposed the concept of a Meta blockchain for the company. He argues that the meta blockchain will post data on any chain, such as Ethereum, Celestia, or Solana, and use a specific rule to merge data from all the chains into a single order history.

The entrepreneur noted that the blockchain would also let apps or users choose the cheapest data availability layer at any given time rather than sticking to just one. Yakovenko said that making data availability cheap makes everything else cheap, highlighting bandwidth as the key constraint. He believes it could be a significant development for rollups, aggregators, or any app dealing with lots of cross-chain activity.

He said it can publish data across various blockchains, including on Ethereum, Celestia, and Solana, and use a specific rule to merge the data from all the chains into a single ordering. 

Anatoly believes it would allow the meta chain to use the cheapest currently available DA offer. He acknowledged that MetaTX posted to Solana would include the last observed block from ETH and Celestia, ensuring consistent sequencing. According to him, the data would then be merged into a single sequence using specific rules to leverage the most cost-effective data availability services.

“Simple way to do this would be for the tx to reference the latest block headers from the potential DA layers. So MetaTX posted to Solana would include the last observed block from eth and celestia. This would mean it is guaranteed to be ordered after eth and celestia txs.”

Anatoly Yakovenko, Co-Founder of Solana.

A developer named Belac responded with his spin on the proposed blockchain. He wondered if the meta chain was a P2P node/seeker network, like a torrent system that stores multi-chain data in chunks, and people earn by seeding historical blocks. He argued whether that could solve the history problem and make the whole thing community-run.

Toly didn’t really feel that direction and replied that it was totally different from what he was proposing. He also added that the point is just to use a globally agreed-upon merge rule and not run any network alone. Yakovenko acknowledged that the meta blockchain will help devs write once, post anywhere, and still get a single clean history while picking whichever chain has the best data deal at the moment.

Projects are already experimenting with mix-and-match setups in today’s modular blockchain world, including one for execution, another for data, and maybe even another for consensus. 

Toly emphasizes flexibility in L1 protocols

Solana co-founder acknowledged that underlying Layer 1 (L1) protocols should be sufficiently flexible to allow applications to compete in their business operations. He argued that they will pursue such strategies if applications can drive business growth through differentiated priorities.

Toly also noted that if an L1 hinders their growth, they will likely migrate away from it. He mentioned that the concept is straightforward, adding that preventing applications from trying ideas they believe could aid growth, even if deemed bad, may encourage them to leave the L1.

On-chain data from Nansen showed that Solana had the highest number of active addresses among public blockchains over the past week, with 24.26 million. Onchain Lens also reported on Monday that a major whale or institution had unstacked 103,040.6 SOL, valued at $17.7 million, after a month of dormancy. According to the analytics firm, the whale still retains a substantial holding of 3,369,634 SOL, worth approximately $584.09 million.

At the time of publication, Solana is exchanging hands at $171.57, a 3.89% drop in the last 24 hours. The digital asset has jumped 88% in four weeks from under $100 to now trading above $170.

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