Home » Meta Blockchain Proposal by Anatoly Yakovenko

Meta Blockchain Proposal by Anatoly Yakovenko

Solana Co-Founder Anatoly Yakovenko proposes a Meta-Blockchain. 1

Solana Co-Founder Calls for the Creation of a Meta- Blockchain With Data Availability in Mind

Blockchain as a repository of data is a use case that is also being debated. Anatoly Yakovenko, co-founder and CEO of Solana Labs, floated the idea of a meta blockchain, a hypothetical structure that would solve the problem of cheap data availability in the digital space.

In social media, Yakovenko commented on the idea, explaining that this meta- blockchain would be an aggregation of blocks coming from different chains, including Solana, Celestia, and Ethereum. He stated:

There should be a meta blockchain. Post data anywhere, Ethereum, celestia, Solana, and use a specific rule to merge data from all the chains into a single ordering.

Furthermore, Yakovenko explained that this would allow for taking advantage of the cheapest data availability offering at each moment.

While the price of onchain data might seem cheap across several blockchains at the moment, Yakovenko’s proposal would cater to projects focused on saving large datasets on-chain. “Making data availability cheap allows for making everything else cheap. Bandwidth is the irreducible bottleneck,” he stressed.

The meta- blockchain proposal would also improve the decentralization and availability of this information due to its distribution across several blockchains, even when there are currently specialized projects targeting this use case. “User can pick the fastest finality vs price. I think a mix would make sense as long as the merge rule is deterministic,” Yakovenko assessed.

Additionally, Yakovenko also explained how this could become a reality, proposing a transaction structure to make it possible. “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,” he stressed.

Related Articles

2 Incorporated AI Agents Sign First Legal Deal That Executes Itself on Ethereum 1

Milestone AI-to-AI Ricardian Contract Executed

Key Takeaways: Clawbank and Shodai executed the first AI-to-AI Ricardian contract, binding legal prose to Ethereum code. Shodai’s smart contract

Botanix Pulls Plug on Bitcoin L2 After 4 Years as Fee Income Falls Short 1

Botanix Announces Bitcoin L2 Shutdown

The Playbook Botanix Refused to Follow Bitcoin layer-two ( L2) network Botanix has announced it is winding down operations, a

Blackrock’s Onchain BUIDL Fund Secures Top AAA-mf Rating From Moody’s 1

BUIDL Receives AAA-mf Rating from Moody’s

Institutional Grade: Moody’s Assigns Aaa-mf Rating to Blackrock’s BUIDL The agency issued a AAA-mf rating to the fund, also known

Casper Network plans quantum-safe keys in 2027 to protect tokenized assets. 1

Casper Network Plans Quantum-Safe Keys by 2027

Bridging the Ethereum Ecosystem The Casper Association on May 12 unveiled a multi-year technical roadmap aimed at positioning the Casper

Moody's Rates Fidelity International's Ethereum-Based USD Liquidity Fund at Highest Aaa-mf Level 1

Moody’s Rates Fidelity International’s Liquidity Fund Aaa-mf

Fidelity’s Tokenized Money Market Fund Earns Top Moody’s Grade The fund is structured as a segregated portfolio company domiciled in

Elliptic Raises $120 Million in Series D Led by One Peak and Nasdaq 1

Elliptic Raises $120 Million for AI Compliance

Elliptic to Advance AI Compliance Following $120M Series D The infusion of capital brings Elliptic’s total valuation to $670 million.