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Ethereum Updates: Is Solana Posing a Threat? Do Ethereum Layer 2 Solutions Sacrifice Security for Scalability?

Ethereum Updates: Is Solana Posing a Threat? Do Ethereum Layer 2 Solutions Sacrifice Security for Scalability?

Bitget-RWA2025/10/26 22:20
By:Bitget-RWA

- Solana co-founder Anatoly Yakovenko challenges Ethereum L2s' security claims, citing centralization risks in multisig custody models. - He contrasts Ethereum's complex L2 codebases with Solana's design, proposing ZK proofs could create safer bridges to Ethereum. - Ethereum L2 advocate Cem Özer counters that rollup architecture—not bridges—determines security, enabling decentralized control through forced transactions. - Industry debates L2 proliferation's sustainability as 129 L2s fragment liquidity, whi

Ethereum’s layer-2 (L2) scaling platforms are coming under increased examination as

co-founder Anatoly Yakovenko questions the belief that these solutions automatically benefit from Ethereum’s foundational security. In a recent debate, Yakovenko—renowned for his leadership on the Solana blockchain—contended that L2s are susceptible to centralization and other vulnerabilities that weaken their supposed security, as he detailed in a . His perspective intensifies the ongoing industry conversation about the long-term viability and safety of Ethereum’s growing L2 ecosystem.

Yakovenko pointed out that a significant number of

L2s depend on permissioned multisignature (multisig) custody systems, which he labeled a “serious” security flaw. According to him, these multisigs let a select group manage bridge contracts—key components that connect L2s to Ethereum’s mainnet—potentially allowing them to move assets without user approval, as outlined in a . “It’s incorrect to claim that layer-2s inherit Ethereum’s security,” Yakovenko stated, stressing that L2s introduce their own risks that Ethereum’s base layer cannot fully address.

Ethereum Updates: Is Solana Posing a Threat? Do Ethereum Layer 2 Solutions Sacrifice Security for Scalability? image 0

The discussion gained momentum as Yakovenko compared Ethereum’s L2 environment to Solana’s scalability strategy. He observed that Solana’s architecture sidesteps the “attack surface” created by the extensive and intricate codebases typical of many Ethereum L2s, which are challenging to thoroughly audit, according to the Cointelegraph article. Additionally, he suggested that Solana could, in theory, use Ethereum’s mainnet as an L2 by leveraging zero-knowledge (ZK) proof technology to build a bridge with more robust escape mechanisms—features that let users recover assets if problems arise, as reported by Meme Insider.

Cem Özer, CEO of Sovereign Labs and a former Ethereum core developer, countered Yakovenko’s claims during the debate, emphasizing that the security of rollups—not bridges—is what matters most. Özer explained that Sovereign SDK rollups implement “forced transactions” at the state transition function (STF) level, which reduces dependence on bridge contracts and spreads out control, according to Meme Insider. This method, he argued, confines risks to individual bridges rather than the entire rollup, giving users a choice among different security frameworks.

This conversation highlights larger worries about the rapid expansion of Ethereum’s L2 sector. As of the latest data, L2Beat reported 129 verified Ethereum L2s. Critics like Adrian Brink from Anoma blockchain claim the ecosystem has “ten times more L2s than necessary.” On the other hand, supporters such as Igor Mandrigin of Gateway.fm interpret this growth as evidence of a thriving ecosystem, providing developers with a variety of high-throughput solutions, as noted by Cointelegraph. Binance Research, meanwhile, cautioned that L2s are splitting liquidity and reducing Ethereum’s mainnet revenue by lowering transaction fees.

Yakovenko’s criticisms also intersect with recent market trends. Although Ethereum ETFs briefly saw inflows on October 21, they quickly reverted to outflows the following day, signaling investor hesitancy amid a generally weak crypto market, according to Cointelegraph. This timing raises a key issue: Can Ethereum’s L2s maintain user adoption without sacrificing the core security and decentralization that define the network?

As the debate continues, the crypto community remains split. Yakovenko’s viewpoint reflects a preference for prioritizing fundamental security over scaling, while advocates for Ethereum’s L2s maintain that these solutions are crucial for the network’s future. With more than 129 L2s currently active, Ethereum’s challenge is to foster innovation while upholding the strong security standards that have been central to its success.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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