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Pima

2023-11-14 17:30

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Scaling solutions can be roughly divided into two categories: genius to the left, which involves splitting blocks into smaller ones and connecting them, and madness to the right, which focuses on optimizing a single shard to the extreme.

Source: Pima, Co-Founder@ContinueCapital

Editor's note: While the competition in the Layer2 scaling track is fierce, ContinueCapital's Co-Founder Pima has proposed that Solana has become a unique presence, betting on a single chain.

With the general rise in the market, everyone is happy. The high-priced $SOL is currently undergoing a correction. After this rebirth, in my opinion, $SOL has become a unique existence (any L1 with a market value close to twice that of SOL can be exchanged for SOL) with cohesion, technology, ecology, chips, community, and other comprehensive reshaping and upgrading. What remains unchanged is the team's introverted and tenacious spirit. Of course, these are all words that come after the rise. What about before? Betting on a single chain.

The expansion duel can be roughly divided into two categories: geniuses go left by splitting the blocks into smaller ones and connecting them, while lunatics go right by optimizing a single shard to the extreme.

This is like playing cards. You play a layered L1 card, and I play a single chain card. You play modularization, and I play a single chain card. You play Rollup/L2/L3, and I still play a single chain card. Behind the scenes, people are tired of jumping back and forth, tired of the lack of composability, tired of the complexity of development, and have come up with a bunch of complex and fancy names (who can tell the difference between cUSDC, USDC.e, USDC.axl, USDC.wh, USDC.grv, USD, UST, etc.).

APT/SUI and other single chains? - Secret growth takes time. ETH went live on the mainnet in 2015, SOL in 2020, APT in 2022, SUI in 2023. "Assuming long-term competitiveness," market capitalization is directly proportional to time. You cannot compare the market value of Weixiaoli, which was established only in 2016, with that of Tsla/BYD, which has been established for more than 20 years.

The greatness of ETH is beyond doubt, and it will continue to explore steadily in technological evolution. One to the left, one to the right, everyone has a bright future.