Home Crypto News Solana Co-Founder Proposes A “Meta Blockchain,” Details Inside

Solana Co-Founder Proposes A “Meta Blockchain,” Details Inside

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Solana Co-Founder Proposes A “Meta Blockchain,” Details Inside

Solana’s co-founder Anatoly Yakovenko, also known as Toly, has put forward a fresh concept for the crypto world. He calls it the “Meta Blockchain.”

The basic notion is to let anyone post data on any existing chain, such as Ethereum, Celestia or Solana.

Then, a common rule would merge all that data into one single, ordered history. This approach would let developers and users pick whichever chain offers the cheapest data availability at the moment.

How It Works?

Toly explained that each transaction, or MetaTX, would carry block headers from every chosen chain. For instance, a MetaTX posted to Solana would include the latest headers from Ethereum and Celestia. 

That way, it is provably sequenced after all transactions on those chains. There is no central authority needed. The merge rule itself guarantees a unified order.

Debate Over Storage Model

Shortly after Toly’s proposal, a developer named Belac weighed in with an alternative. He suggested a peer-to-peer node network that would seed and store multi-chain data in chunks, similar to a torrent. 

Participants could earn rewards by hosting historical blocks. This model aims to solve long-term data availability by making storage community-run. Toly shot down the idea, noting that it moves away from his original goal.

Also Read: Solana Co-Founder Accused By Ex-Wife Of Stealing ‘Millions Of Dollars’ From Her Solana Holdings

He stressed that the Meta Blockchain should only rely on a shared merge rule and not require running a separate network.

Benefits for Developers

If built, this system would offer a major boost for teams working across multiple chains. Today, developers must choose where to post data or juggle several chains at once. With a Meta Blockchain, they could write a transaction once and publish it anywhere. 

The merge rule would knit together a clean history. At the same time, they could chase the lowest fees for data availability. This flexibility could cut costs and simplify multi-chain development.

Importance for the Community

The community stands to gain from greater choice and efficiency. A shared ordering rule means no single chain holds all the power. Users could shop for better deals on data fees without losing the consistency of their transaction history. 

This idea also encourages collaboration among different blockchains. Instead of competing in isolation, chains could feed into one unified ledger. That could spark new tools and services that tap into data from multiple networks at once.

Toly’s “Meta Blockchain” proposal is still an idea at this stage. It faces many hurdles before it can be built and adopted. Yet the simple elegance of a shared merge rule is drawing attention.

Also Read: Solana’s Co-Founder Anatoly Yakovenko Calls for Decentralized Reserves to Maintain Independence from Governmental Regulatory Oversight

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