Search results for "TOLY"
09:44

The CEO of Matter Labs criticized Solana for its lower level of decentralization and performance that does not match Ethereum's Layer 2.

According to Gate News bot, as reported by TapChiBitcoin, Alex Gluchowski, founder and CEO of Matter Labs, responded to Toly's statement on the X platform. Gluchowski stated that Solana cannot compare to Ethereum (ETH) in terms of decentralization and censorship resistance, and it also lags behind the second layer (Layer 2) using a single sequencer in terms of latency and performance.
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SOL-5.32%
ETH-2.02%
07:59

ZKsync founder: Solana cannot compete with Ethereum in terms of decentralization and censorship resistance.

According to a report by Jinse Finance, Alex Gluchowski, the founder of ZKsync and CEO of Matter Labs, responded on the X platform to Solana co-founder Toly, stating that Solana cannot compete with Ethereum in terms of Decentralization and censorship resistance, and also cannot compete with the latency and performance of single sequencer Layer 2 networks. Previously, Solana co-founder Toly stated that Solana is not looking to "wage war" with Ethereum, but rather to combat centralized sequencer Layer 2 based on Ethereum.
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SOL-5.32%
ETH-2.02%
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02:45

Solana co-founder proposes the concept of Meta Blockchain, focusing on cross-chain data integration.

According to Gate.io News bot reports, Solana co-founder Toly recently proposed a new concept of Meta blockchain ( meta blockchain ). This concept mainly involves publishing data to multiple blockchain platforms such as Ethereum, Celestia, and Solana, and integrating this data into a single order through specific rules, thus achieving the most economical data availability ( DA ) services.
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SOL-5.32%
05:01

Time.FUN has migrated to the Solana network, MEME token "tolys minutes" receives Solana Genesis response

PANews reported on February 25th that Solana co-founder toly responded to time.fun's tweet about the MEMEToken, saying 'Time is fun, and business communication is my favorite encryption use case.' According to GMGN data, the current market capitalization of MEMEToken is $11.4 million. It is understood that Time.fun is originally a basic Base Time Tokenization platform, allowing creators to tokenize time and sell it as tradable tokens, officially migrating to the Solana network on February 24.
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SOL-5.32%
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00:44

Baseprotocol leader: Base and ETH are not zero-sum competition. L2 is to implement win-win according to the ETH roadmap.

Odaily Planet Daily News Base protocol leader Jesse Pollak replied to Solana co-founder toly, saying, "I don't believe the relationship between Base and Ethereum is a zero-sum competition. Base and other L2s are actually executing the Ethereum roadmap, and many of us have been working on this together for more than 5 years. If Base develops, Ethereum will also develop." Will the transaction acceptance rate of ETH on L2 be lower than L1? Yes, absolutely. When we are possibly facing the greatest growth opportunity in human history, will this acceptance rate be the same as today? I doubt it - I expect it to be higher, but still less than 100%. L1
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ETH-2.02%
X-3.37%
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02:18

Gate will delist 24 Pilot tokens on May 30, 2025, including WIZARD, SAN, and others.

According to Gate News bot, as per the official announcement from Gate on May 30, 2025: Gate will delist multiple tokens from the Innovation Zone on May 30, 2025, at 21:00 ( UTC+8. The tokens involved in the delisting include WIZARD, SAN, PASTERNAK, MLG, METAV, GRPH, FLORK, DARK, BUTTHOLE, APY, TROLL, TOLY, LUMO, YZY, DOPE, OPUS, LESTER, FRIC, CATTLE, IQ and 20 other tokens on the Solana chain. At the same time, the 4 tokens PERRY, DDDD, CTD, and AMR on the BSC chain will also be delisted. Users can perform withdrawal operations for relevant assets before the delisting.
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22:42

Solana co-founder: L1 protocol should be flexible enough so that applications do not leave.

Golden Finance reports that Solana co-founder toly posted on X, stating that the underlying L1 protocol should be flexible enough to allow applications to conduct business in any way they want. If applications can differ in priority and grow their business in this way, they will do so. If the L1 protocol hinders their rise, they will leave L1. It's that simple. Regardless of whether an idea is good or bad, it doesn't matter. Even preventing applications from trying bad ideas that they think might contribute to rise can motivate them to leave L1.
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L10.19%
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15:11

Solana co-founder Toly calls on encryption founders to conduct "disaster drills" every quarter.

PANews May 26 news, Solana co-founder Toly stated that founders of encryption projects should conduct a "disaster drill" once a quarter, assuming the market experiences a big dump of 95% and lasts for 18 months, and should plan response strategies in advance, including: 1) core products to focus on developing during this period; 2) the most suitable team to execute the task; 3) whether there are enough short-term U.S. Treasury reserves to ensure survival. He emphasized that thinking ahead will help the project cope with potential winters.
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14:29

Solana founder: Crypto Assets founders should conduct a pre-reflection every quarter to cope with extreme market situations.

Odaily News Solana founder Toly stated on the X platform that founders of Crypto Assets should conduct a pre-reflection once a quarter to cope with extreme market situations. He suggested that if the overall market experiences a big dump of 95%, the project party should consider the following questions: 1. What products will you focus on developing in the 18 months before the market rebound? 2. How to build the most suitable team focused on this product? 3. Is there enough short-term cash to support this process?
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02:51

Toly, co-founder of Solana, mentioned IBRL in a post, with the related token briefly pumping 10%.

BlockBeats news, on May 25, Solana co-founder Toly retweeted the project development vision published by the DoubleZero team members on the X platform, mentioning "IBRL". The same-named Token may be affected by this, briefly pumping 10%, with a current market capitalization of 45.59 million USD. BlockBeats reminds users that the price of related Tokens is highly volatile, and users should invest with caution.
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00:23

Solana co-founder: L1 protocol should give applications the freedom to choose growth strategies.

Gate.io News bot message, Solana co-founder Toly recently published an article discussing his views on the underlying Blockchain protocol (L1). He emphasized that L1 needs to have sufficient flexibility to allow applications to independently choose their business models to achieve rise. Toly pointed out in the text: "If L1 hinders application rise, they will leave, it's that simple." He believes L1 should not impose limits on the rise strategies of applications, even for some "seemingly bad rise strategies," otherwise it will lead to project migration. Source: Wu Says
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11:20

Base protocol leader: I and the Base community will open our arms to welcome Pudgy Penguin and its Token PENGU

Base protocol is pleased to welcome Pudgy Penguin and its Token PENGU to the Base community, and looks forward to collaborating with Abstract Chain to expand Ethereum. Previously, the co-founder of Yuga Labs' post on X platform caused dissatisfaction from Jesse Pollak, but the latter explained that he hoped there would be no misunderstanding. Pudgy Penguin's parent company Igloo plans to adopt a multi-chain approach, enabling PENGU on both Ethereum and Abstract Chain.
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PENGU-10.1%
X-3.37%
ETH-2.02%
07:56

There is a disagreement between Solana co-founder Toly and Matter Labs CEO about which one, Solana or ZK, is faster.

Solana co-founder Toly believes that due to the slow speed of ZK computation and Solana's lack of Full Node capacity restrictions, Solana is always faster than ZK. However, Matter Labs CEO Alex Gluchowski believes that ZK is faster than Solana because it is protected by mathematics rather than validators, requiring only one or a few validators, without the need to wait for thousands of Nodes to reach Consensus.
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05:46

Toly: The BTC executive order eliminates regulatory uncertainty, but more regulatory support is still needed.

Solana co-founder has a positive attitude towards the latest BTC executive order, believing that its precision is beneficial in eliminating regulatory uncertainty, but does not provide government assistance. He believes that more regulatory policies are needed, such as stablecoin legislation, banking regulatory guidance, and clear rules from the SEC and CFTC to regulate the crypto market.
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BTC-2.67%
SOL-5.32%
DEFI1.04%
10:20

Solana Co-founder: In high congestion situations, ETH may force L1 requirements for L2 payments that cannot switch to the DA layer at any price.

Solana co-founder toley said that if ETH is eventually used as Collateral in the frozen/Non-Multi-signature L2, even if they are not 'based', the blobspace market of ETH may still play a role. An ETH operating in a highly congested state may force L2 to pay any price required by L1 without being able to switch DA layer, but this is not important in scale.
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01:50

Solana co-founder Toly: I hope to see Firedancer launch on Mainnet as soon as possible

On October 23, Toly, co-founder of Solana, tweeted that he hoped to see Firedancer land on Mainnet as soon as possible to increase the security bus factor, while improving consensus reduction and formal verification. In the future, there is a need to discuss technical matters such as increased computational requirements, asynchronous execution, multi-concurrent leaders, and DX improvements.
SOL-5.32%
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