TechFlow news — In an interview, Emin Gün Sirer, founder and CEO of Ava Labs, said, "In recent years, many Layer 1 blockchains have emerged in the crypto ecosystem, but within the next three to five years, a large number of these Layer 1 blockchains will be eliminated. I believe we already have too many Layer 1s, most of which are essentially copying others' playbooks and, in many cases, bringing to market things that the market does not need. Furthermore, Avalanche views foundational technology as the key driver to attract developer attention. We decided we must propose our own scaling architecture—one that currently appears to be unique in the industry."Source link
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