Wednesday December 18, 2024

Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption

Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption

by Bitcoin.com October 16, 2024 1 min read

(Originally posted on : Bitcoin News )

Andre Cronje, co-founder of Sonic and yearn.fi, criticized the growing trend of creating Ethereum Layer 2s designed and tailored for a specific protocol or decentralized finance app (Appchains). Cronje detailed that this approach had many downsides, including the lack of infrastructure, zero possibilities of receiving support, centralization, fragmentation of liquidity, and the lack of a […]

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