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Public Key

The Future of Layer 2 Blockchains

Jul 23, 2024
Ian Andrews from Chainalysis and Dima Romanov from Layer N discuss blockchain scalability, web3 vs. web2 mindset, XVMs, and Layer N's upcoming mainnet launch in the crypto space. They delve into challenges with Solana and Ethereum, securing investment from Founders Fund, and enhancing performance for developers and users
41:17

Podcast summary created with Snipd AI

Quick takeaways

  • Success in the web3 space hinges on providing superior experiences for developers and users.
  • Layer N prioritizes practical engineering solutions over high-level ideas, attracting investors and developers for their DeFi mainnet launch.

Deep dives

Layer N Focuses on Building High-Throughput Blockchain Infrastructure

Layer N emphasizes engineering aspects to enhance blockchain usability by focusing on scalability and performance. The podcast discusses challenges around transaction processing speeds and costs, highlighting the importance of efficient blockchain transactions. Layer N introduces the StateNet, aiming to address blockchain scalability, reduce transaction fees, and offer a more versatile application runtime. By adopting an engineering-centric approach, the company aims to attract developers seeking innovative solutions.

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