Andre Cronje critiques appchains: High costs and liquidity challenges
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.
Andre Cronje, the co-founder of Sonic Labs, has critiqued layer-2 (L2) appchains, claiming they are impractical for builders.
In an Oct. 13 X post, Cronje raised concerns about high infrastructure costs, fragmented liquidity and insufficient support for developers. He suggested these challenges hinder the widespread adoption of appchains.
Appchains are customized blockchains designed to meet the specific needs of decentralized applications (DApps) or a particular set of functions.
Go to Source
Author: Josh O'Sullivan
Related posts:
- Fantom Foundation issues clarification statement about departure of Andre Cronje and Anton Nell
- Andre Cronje says Fantom will focus on DApp ecosystem expansion in 2023
- Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?
- Sonic blockchain reaches record 720ms finality in testnet phase