Solana Labs co-founder Anatoly Yakovenko has proposed a new data availability (DA) solution to address the persistent fragmentation and lack of interoperability among blockchain networks. In a post on May 12, Yakovenko suggested the concept of a 'meta blockchain' that would aggregate and organize data from various layer-1 chains like Ethereum, Celestia, and Solana. This meta chain could leverage the most cost-effective DA offerings available. Data availability layers play a crucial role in ensuring that blockchains have the required data for transaction validation. Improving blockchain interoperability is a key concern for Web3 developers, as current siloed layer-1 networks lack communication channels. Other major blockchains are also exploring enhanced DA solutions, such as Ethereum's Fusaka upgrade. Yakovenko emphasized the importance of developing cheaper DA solutions to reduce transaction costs and proposed a rule-based system to merge transactions across chains for seamless user experience. Industry leaders like Cardano's Charles Hoskinson have also stressed the need for collaborative tokenomics to foster a cooperative equilibrium in the crypto industry. Read more AI-generated news on: https://app.chaingpt.org/news

#ETH #TIA