Sam Bankman-Freed: "Ethereum performance 2.0 may not be enough for the DeFi industry "

Sam Bankman-Freed, co-founder and CEO of FTX cryptocurrency exchange (Sam Bankman-Fried) considers, What's the performance of Ethereum 2.0 It may not be enough for the Defi industry.

During the podcast Defiant with Camilla Russo (Camilla Russo) He said, What is the Ethereum now holding back The development of the decentralized financing industry and the only way to circumvent this restriction is to launch Defi projects on other networks.

“At some point it became clear, what or we are building a project on the Ethereum, or create something very cool, But on other blockchains ", - said FTX Director General.

He stressed, What every time, When a FTX developers team came up with a new idea, The creation of the project rested on the throughput of the Ethereum. Therefore, before launching their project, the developers tested more 30 blockchains, until, in the end, SOLANA network was not chosen.

According to the General Director of FTX, more than a billion people will ever use Defi projects, And when developing blockchains, this must be taken into account.

“We will need a network not just a hundred times faster than the Ethereum, And a million times faster ", -noted Bankman-Fried.

Anatoly Yakovenko, General Director and Founder of SOLANA, also participated in the podcast. He declared, that the Ethereum network is thought out very weakly - it makes almost the same requirements for hardware, Like SOLANA, But processes everything 15 transactions per second against 500-600 у Solana.

Recall, that at the end of September, Tether launched SOLANA blockchain support for its USDT stabilcoin.