{"id":34235,"date":"2022-11-05T19:42:02","date_gmt":"2022-11-05T19:42:02","guid":{"rendered":"https:\/\/egrowonline.com\/?p=34235"},"modified":"2022-11-05T19:42:02","modified_gmt":"2022-11-05T19:42:02","slug":"father-of-defi-andre-cronje-slams-ethereum-eth-avalanche-avax-scaling","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=34235","title":{"rendered":"Father of DeFi Andre Cronje Slams Ethereum (ETH), Avalanche (AVAX) Scaling"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div><a target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/news.google.com\/vladislav-sopov\" rel=\"noopener\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"224\" height=\"140\" alt=\"article image\" src=\"https:\/\/u.today\/sites\/default\/files\/2021-07\/8893.jpg\" class=\"author__item-user-avata\" \/><br \/>\n<\/a><\/p>\n<div class=\"article__lead-info\"><a target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/news.google.com\/vladislav-sopov\" rel=\"noopener\">Vladislav Sopov<\/a><\/p>\n<p>Legendary developer Andre Cronje slammed Ethereum (ETH), Avalanche (AVAX) and Polygon (MATIC) with single Drake meme<\/p>\n<\/div>\n<\/div>\n<div>\n<div class=\"article__contents\">\n<p>Contents<\/p>\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h20\" rel=\"noopener\">Andre Cronje does not like sidechains, L2s and subnets<\/a><\/li>\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h31\" rel=\"noopener\">What is vertical scaling in Fantom (FTM)?<\/a><\/li>\n<\/ul>\n<\/div>\n<p>Andre Cronje, a key figurehead of the yearn.finance (YFI) protocol and one of the most influential developers in the decentralized finance\u00a0(DeFi) segment, slams all major &#8220;horizontal&#8221;\u00a0scaling technologies with\u00a0one meme.<\/p>\n<h2 id=\"h20\">Andre Cronje does not like sidechains, L2s and subnets<\/h2>\n<p>Cronje has taken to Twitter to share a\u00a0meme about scalability add-ons to major smart contract\u00a0platforms. It looks like he is not a huge fan of what Ethereum (ETH) and Avalanche (AVAX) are doing to scale.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"zxx\"><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/t.co\/i0g1hrvWVn\">pic.twitter.com\/i0g1hrvWVn<\/a><\/p>\n<p>\u2014 iamdefinitelyandre.ftm (@AndreCronjeTech) <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/AndreCronjeTech\/status\/1588758525588934657?ref_src=twsrc%5Etfw\">November 5, 2022<\/a><\/p><\/blockquote>\n<p>Ethereum&#8217;s (ETH) second-layer networks like Optimism, Arbitrum, Boba and Metis, Avalanche&#8217;s (AVAX) subnets\u00a0and Polygon&#8217;s (MATIC) sidechains cannot be an alternative to a Layer 1 blockchain that scales &#8220;with demand.&#8221;<\/p>\n<p>That said, he stressed the importance of Fantom&#8217;s (FTM) &#8220;vertical&#8221;\u00a0approach to the scaling of blockchain\u00a0throughput without sacrificing decentralization, speed and cost-efficiency.<\/p>\n<div class=\"something middle_banner\">\n<div class=\"something__content something__content-square\" style=\"width:336px;height:280px\">\n<a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=183269;size=336x280;setID=558953\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=183269;size=336x280;setID=558953;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"336\" height=\"280\" \/><\/a><\/p>\n<p>Ads<\/p>\n<\/div>\n<\/div>\n<p>Also, he <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/AndreCronjeTech\/status\/1588792941753274368\/photo\/1\">mentioned<\/a> Fantom Virtual Machine, FTM substrates, flat storage and parallel processing as promising tech developments of Fantom. According to\u00a0him, this\u00a0is what developers should be focused on instead of building NFT marketplaces, GameFi platforms and metaverses.<\/p>\n<h2 id=\"h31\">What is vertical scaling in Fantom (FTM)?<\/h2>\n<p>As U.Today covered previously, Andre Cronje&#8217;s alleged comeback to the Fantom (FTM) ecosystem and the DeFi segment has already catalyzed FTM and YFI prices.<\/p>\n<p>Unlike mainstream EVM-based blockchains, Fantom (FTM) prioritizes &#8220;vertical scaling.&#8221;\u00a0Instead of building an additional layer for transactions (a sidechain or an L2 network) off the chain, this approach is focused on organic increase of L1 throughput.<\/p>\n<p>This approach does not need various blockchains to interact with each other (e.g., Ethereum with Arbitrum, BNB Chain with Boba Network); that makes its operations safer.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiVWh0dHBzOi8vdS50b2RheS9mYXRoZXItb2YtZGVmaS1hbmRyZS1jcm9uamUtc2xhbXMtZXRoZXJldW0tZXRoLWF2YWxhbmNoZS1hdmF4LXNjYWxpbmfSAQA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vladislav Sopov Legendary developer Andre Cronje slammed Ethereum (ETH), Avalanche (AVAX) and Polygon (MATIC) with single Drake meme Contents Andre Cronje does not like sidechains, L2s and subnets What is vertical scaling in Fantom (FTM)? Andre Cronje, a key figurehead of the yearn.finance (YFI) protocol and one of the most influential developers in the decentralized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[5965,939,937,5966,172,181,158,12170,1975,5046],"class_list":["post-34235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-andre","tag-avalanche","tag-avax","tag-cronje","tag-defi","tag-eth","tag-ethereum","tag-father","tag-scaling","tag-slams"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/11\/25509.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/34235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34235"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/34235\/revisions"}],"predecessor-version":[{"id":34237,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/34235\/revisions\/34237"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/34236"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34235"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}