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BlockDAG Keynote 3 Breaks Down $208 Million Presale Success While Solana Co-Founder Criticizes Layer-2s!

BlockDAG Keynote 3 Breaks Down $208 Million Presale Success While Solana Co-Founder Criticizes Layer-2s!

Author:
Tronweekly
Published:
2025-03-28 16:00:00
22
1

BlockDAG

Layer-2 scaling methods have long been seen as essential for improving blockchain efficiency. However, Solana’s co-founder Anatoly Yakovenko has sparked fresh discussion with a clear and direct critique. In a recent talk, he questioned the whole concept of Layer-2s, labeling them as unnecessary, more vulnerable, and ineffective when high-performing Layer-1 platforms already exist.

As this viewpoint spreads across the crypto space, one Layer-1 project is already putting the idea into action. BlockDAG (BDAG), which has now secured over $208 million through its ongoing presale, is achieving what most L2 projects aim for—without the extra layers. With Keynote 3 highlighting its dedication to security, decentralization, and energy efficiency, BlockDAG presents a solid case for how a strong Layer-1 base can do the job well.

Solana Co-Founder Sparks Debate Over Layer-2s

Yakovenko voiced strong doubts about the rising number of Layer-2 networks. He asked, “Why do we need more than one L2?” suggesting that if a single Layer-2 system could manage all functions, then adding more creates duplication. His broader point was straightforward—efficient Layer-1 chains like Solana could make Layer-2 solutions irrelevant.

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He emphasized how many Layer-2s depend on slower base layers for data storage and rely on multisig upgrades and fraud detection methods—factors that may weaken decentralization and increase risks. He summed it up clearly: “If you’re planning to build a community, do it on a fast Layer-1.”

Simplicity Over Stacked Solutions

Yakovenko’s message was built on the idea of reducing complexity. Instead of building add-ons and fixes, he argued the focus should shift to core-level solutions. Each added layer, he warned, brings friction and possible failure points. What the market needs, he believes, is scalable Layer-1 chains that can handle demand from the start.

This is exactly where BlockDAG makes its mark.

BlockDAG’s Strong Layer-1 Design Crosses $208M Milestone

BlockDAG is offering a glimpse of what a carefully planned Layer-1 can deliver. Within ten months of launching its presale, it has raised over $208 million, making it one of the fastest-growing projects in early-stage crypto. But it isn’t only about the growing numbers—it’s about a design that works.

Keynote 3 outlined how a dependable Layer-1 should focus on three pillars: robust security, high scalability, and true decentralization. Using a mix of proof-of-work and Directed Acyclic Graph (DAG) data structure, BlockDAG’s setup allows multiple transactions to be processed at once. This removes the need for separate Layer-2 systems to boost speed.

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From the launch of its mainnet, BlockDAG aims to support 2,000 transactions per second. It has also mapped out a path to hit 15,000 TPS within two years. And it doesn’t stop at performance.

A Security Model That Doesn’t Rely on Extra Layers

Security was one of the major talking points in BlockDAG’s keynote. Rather than treating it as a feature, the team described it as the foundation of the entire network. Youssef Khaoulaj, who led this section, stated:

“Security is not a feature—it’s the bedrock upon which we’ve built everything.”

Their strategy includes various protective layers. The CORE protocol features advanced cryptography and asynchronous confirmation methods to prevent common blockchain threats such as forks and 51% attacks. Transactions are checked by several nodes at once, increasing safety and reducing potential points of weakness.

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Every smart contract added to BlockDAG must go through strict reviews. Both Certik and Halborn have already approved their vesting contracts. Another full security review is planned before the mainnet launch to cover all aspects of the system.

Treasury management is protected through Multi-Party Computation (MPC), which avoids single-point failures. Khaoulaj also mentioned that the system uses real-time threat tracking and global backup infrastructure to ensure smooth operations, even in case of unexpected disruptions. All of this is native to the platform—no need for outside networks or additional layers.

Why Simpler Layer-1 Designs Make More Sense

What both Yakovenko’s view and BlockDAG’s setup reveal is that blockchain strength depends more on solid foundations than on piling up new layers. While Layer-2 solutions might suit some cases, they often bring added complications. A powerful Layer-1 can avoid those entirely.

BlockDAG supports that belief. Its beta testnet is already running, showing smooth real-time processing, wallet features, and a simple no-code tool for creating tokens. When its mainnet goes live later this year, it plans to launch built-in DeFi tools, governance features, and Ethereum-compatible functions—everything integrated into its core Layer-1 design.

The community seems to agree. With over 170,000 holders, more than 750,000 X1 miner app users, and a growing network of global contributors, BlockDAG proves that a strong base layer can do more than a stack of workarounds.

As Yakovenko might see it, crypto doesn’t need more fixes. It needs better-built chains.

Final Remarks!

The debate about the future role of Layer-2 systems will likely continue. But Solana’s co-founder has brought attention to a growing concern—whether these extra layers are truly necessary. This shift in focus has also turned attention to projects like BlockDAG, which are already putting high-performing Layer-1 designs into action.

With over $208 million raised in crypto presale, a protocol centered on security and speed, and a Layer-1 structure ready for real-world use, BlockDAG is making a clear case. Instead of building more layers, it’s building the right one. So far, the progress suggests it may be the model others follow.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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