Anatoly Yakovenko, co-founder of Solana Labs, believes that the idea of using Ethereum as a second layer solution for the Solana blockchain is “quite plausible.”
He has clarified that with technical cooperation, owners of Solana assets in this potential L2 network “will have guarantees of finality and be able to return back to the protocol even in the event of double-spending.”
However, he has warned that landing services and liquidity supports are still at risk, as a failure in Ethereum would have a damaging effect on the main network; should this occur, lenders would be left with worthless tokens while borrowers could withdraw their assets.
To make such a system work, it would be necessary to synchronize Ethereum data to Solana, issue a Simplified Payment Verification root for validators to confirm consensus, and configure a “bridge timeout” to avoid protocol errors.
