Solana network extensions: ecosystem map and how they differ from L2s
Quote210 words
Lists projects under Solana's network extensions and argues the term is defined by functionality while L2 is defined by architectural criteria, so the two are not equivalent. Points to an A1 Research summary.
Key claims
Network extensions are defined by function; L2s by architecture
Network extensions on Solana will take the @solana ecosystem to the next level and fuel the next $SOL season.
Meet the ecosystem (and be early). ↓
➤ @magicblock (high-performance execution engine for apps)
➤ @spicenetio (hyper-performant derivatives L2 on Solana/Celestia)
➤ @Neon_EVM (EVM execution on Solana L1)
➤ @ZetaMarkets (perpetual futures DEX)
➤ @getgrass_io (incentive structures for data collection)
➤ @SonicSVM (gaming-focused SVM L2 powering sovereign economies)
➤ @mantis (L2 for IBC-powered x-chain intents & best execution)
➤ @getcode (global payments platform implemented as Solana L2)
➤ @metaplex (protocol for NFT and token standards on Solana)
➤ @jito (liquid staking & MEV redistribution protocol)
➤ @marginfi (liquidity layer for users & devs)
➤ @multisig (smart account infrastructure)
➤ @Ore_Rush (cloud mining provider)
➤ @arcium (encrypted data & compute)
➤ @LightProtocol (zk compression)
➤ +++
I know what you're thinking:
"Wait those are all completely different things, I thought network extensions are just L2s on Solana, ahhhhhhhh."
You were wrong anon.
Network extensions are defined by the purpose/functionality the protocol brings to the system.
L2s on the other hand, are a definition that is based on clear architectural/technical characteristics that a protocol has to meet.
But don't worry @RedactedRes has you covered and can explain in detail.
███████ Research Summary ↓
QUOTING @a1research__
Solana recently introduced the term "Network Extensions". For the Ethereum community, this was the final piece of evidence of Solana going modular and adopting the "parasitic" L2s. Is that true? While the fight between Sol and ETH is at it's peak, It's time to bring light on th
Solana recently introduced the term "Network Extensions". For the Ethereum community, this was the final piece of evidence of Solana going modular and adopting the "parasitic" L2s. Is that true? While the fight between Sol and ETH is at it's peak, It's time to bring light on th
What came next · since 28 Oct 2024
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