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Surprise Offer from the Co-Founder of Solana (SOL)! Is a Merger with Ethereum and Celestia Networks Coming? Here are the Details.
Anatoly Yakovenko (Toly), co-founder of Solana**, has unveiled a new concept called the "Meta Blockchain"**, which aims to improve interoperability and cost-efficiency between blockchain ecosystems.
Solana Co-Founder Toly Proposes "Meta Blockchain" to Optimize Cross-Chain Data Availability
Toly defined Meta Blockchain as a mechanism for publishing data across multiple chains, including Ethereum, Celestia, and Solana, and then combining this data into a single ordered sequence using a predefined set of rules.
This approach aims to allow developers and applications to dynamically utilize the most cost-effective data availability layer at any time without being tied to a single blockchain (DA).
Unified Data Layer
Meta Blockchain serves as a decentralized cross-chain ledger by collecting data sent to various chains and transferring it to a consistent ledger, thereby creating a shared layer for ordering and validation.
This can significantly reduce costs by allowing users and developers to take advantage of cheaper DA solutions according to market fluctuations. This is an increasing concern due to variable gas fees on networks like Ethereum.
Toly stated in the announcement that "instead of having to choose between chains for DA, Meta Blockchain could allow applications to adapt in real-time and use the existing cheapest or most suitable DA layer."
This concept has sparked early interest among Layer 1 and Layer 2 developers, especially those working on modular blockchain architectures. Projects specialized in data availability, such as Celestia, and rollups based on Ethereum for settlement can benefit from integration into a unified framework that increases scalability without sacrificing decentralization.