Why Solana Isn’t Ready to Be Blockchain’s Global Backbone

Solana lacks the foundational structure to serve as the core infrastructure for a "new" global financial system, according to Ethereum community member and blockchain developer Ryan Berckmans. While Solana initially championed a monolithic approach, it has gradually embraced Layer 2 (L2) solutions, now referring to them as “Network Extensions” instead of traditional L2s. Berck...

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