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The post Solana and Base Network Clash Over New Bridge appeared on BitcoinEthereumNews.com. Solana co-founder Anatoly Yakovenko struck at the core of Coinbase’s Base expansion strategy this weekend, dismissing the Ethereum layer-2 network’s new bridge as an “alignment bullshit.” In a sharp rebuke of Base lead Jesse Pollak, Yakovenko argued that cross-chain bridges are rarely neutral infrastructure. He said they act as vectors for value capture, deciding where fees settle and which ecosystem benefits. Sponsored Solana Rejects Base’s ‘Alignment’ Message Yakovenko contended that Base applications must migrate their computation to Solana so that transaction fees and economic activity accrue to Solana validators. “Migrate base apps to Solana so they execute on Solana, and the transactions are linearized by Solana staked block producers. That would be good for Solana developers. Otherwise, it’s alignment bullshit,” he said. The dispute ignited after Pollak announced the integration last week, framing it as a “bidirectional” tool to unlock shared liquidity. “We built this as a two-way bridge. The whole point is to unlock movement both ways because we are hearing from Solana teams that they want access to Base, and from Base teams that they want access to Solana. We want to make that possible,” Pollak stressed. However, Yakovenko rejected this premise, warning that “alignment” is a marketing term often used to obscure capital flight. Sponsored Considering this, he demanded that Base market the bridge honestly as a competitive tactic rather than a cooperative venture. “Ethereum L2s have to do the bs alignment dance because any activity on the L2 takes away from the ethereum L1 but you can’t be honest about it. So it reeks of bullshit,” Yakovenko said. Solana Foundation executives Vibhu Norby and Akshay BD had previously criticized the bridge, saying Base bypassed Solana’s technical and marketing teams entirely. They also alleged that the exchange-backed network launched the product without a single Solana launch partner.… The post Solana and Base Network Clash Over New Bridge appeared on BitcoinEthereumNews.com. Solana co-founder Anatoly Yakovenko struck at the core of Coinbase’s Base expansion strategy this weekend, dismissing the Ethereum layer-2 network’s new bridge as an “alignment bullshit.” In a sharp rebuke of Base lead Jesse Pollak, Yakovenko argued that cross-chain bridges are rarely neutral infrastructure. He said they act as vectors for value capture, deciding where fees settle and which ecosystem benefits. Sponsored Solana Rejects Base’s ‘Alignment’ Message Yakovenko contended that Base applications must migrate their computation to Solana so that transaction fees and economic activity accrue to Solana validators. “Migrate base apps to Solana so they execute on Solana, and the transactions are linearized by Solana staked block producers. That would be good for Solana developers. Otherwise, it’s alignment bullshit,” he said. The dispute ignited after Pollak announced the integration last week, framing it as a “bidirectional” tool to unlock shared liquidity. “We built this as a two-way bridge. The whole point is to unlock movement both ways because we are hearing from Solana teams that they want access to Base, and from Base teams that they want access to Solana. We want to make that possible,” Pollak stressed. However, Yakovenko rejected this premise, warning that “alignment” is a marketing term often used to obscure capital flight. Sponsored Considering this, he demanded that Base market the bridge honestly as a competitive tactic rather than a cooperative venture. “Ethereum L2s have to do the bs alignment dance because any activity on the L2 takes away from the ethereum L1 but you can’t be honest about it. So it reeks of bullshit,” Yakovenko said. Solana Foundation executives Vibhu Norby and Akshay BD had previously criticized the bridge, saying Base bypassed Solana’s technical and marketing teams entirely. They also alleged that the exchange-backed network launched the product without a single Solana launch partner.…

Solana and Base Network Clash Over New Bridge

Yazar: BitcoinEthereumNews
2025/12/07 20:57
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Solana co-founder Anatoly Yakovenko struck at the core of Coinbase’s Base expansion strategy this weekend, dismissing the Ethereum layer-2 network’s new bridge as an “alignment bullshit.”

In a sharp rebuke of Base lead Jesse Pollak, Yakovenko argued that cross-chain bridges are rarely neutral infrastructure. He said they act as vectors for value capture, deciding where fees settle and which ecosystem benefits.

Sponsored

Solana Rejects Base’s ‘Alignment’ Message

Yakovenko contended that Base applications must migrate their computation to Solana so that transaction fees and economic activity accrue to Solana validators.

The dispute ignited after Pollak announced the integration last week, framing it as a “bidirectional” tool to unlock shared liquidity.

However, Yakovenko rejected this premise, warning that “alignment” is a marketing term often used to obscure capital flight.

Sponsored

Considering this, he demanded that Base market the bridge honestly as a competitive tactic rather than a cooperative venture.

Solana Foundation executives Vibhu Norby and Akshay BD had previously criticized the bridge, saying Base bypassed Solana’s technical and marketing teams entirely.

They also alleged that the exchange-backed network launched the product without a single Solana launch partner.

At the same time, they cited private communications where Base leadership allegedly discussed “flipping” Solana as proof of hostile intent.

Sponsored

However, Pollak defended the initiative, claiming his team spent nine months building the connection to satisfy developer demand on both sides.

He attributed the friction to a communication breakdown and insisted that the bridge allows assets to flow freely wherever opportunities exist.

Sponsored

However, market observers see a darker pattern.

NFT historian Leonidas noted that Base employed similar “alignment propaganda” on Ethereum in 2023, extracting developer mindshare before pivoting to its own native economy.

Solana and Base have become two of the fastest-growing blockchain networks, competing directly for assets, liquidity, and developer activity.

Together, they hold nearly $20 billion in locked value. Solana accounts for about $12 billion, while Base holds roughly $6 billion, according to DeFiLlama data.

Source: https://beincrypto.com/solana-and-base-clash-over-new-bridge/

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The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
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BitcoinEthereumNews2025/09/18 00:09
SOLANA NETWORK Withstands 6 Tbps DDoS Without Downtime

SOLANA NETWORK Withstands 6 Tbps DDoS Without Downtime

The post SOLANA NETWORK Withstands 6 Tbps DDoS Without Downtime appeared on BitcoinEthereumNews.com. In a pivotal week for crypto infrastructure, the Solana network
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BitcoinEthereumNews2025/12/16 20:44
Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
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Coinstats2025/09/18 02:25