Alexis Sirkia, Captain of Yellow Network, has identified peer-to-peer (P2P) transactions as a pivotal advancement for Web3 infrastructure. He points out that existing blockchains, such as Solana, lack the computational power necessary for global-scale applications, likening their capacity to that of a 1984 Intel processor. To address this, Yellow Network is developing a trustless P2P communication layer designed to minimize blockchain overhead while ensuring security. Currently, over 70 applications are utilizing the Yellow SDK on the testnet, showcasing the potential of this new infrastructure. Sirkia draws parallels between the current state of Web3 and the early days of AI in 2000, suggesting that the infrastructure is reaching a point of maturity. The Yellow Network's approach allows for rapid, secure off-chain transactions, with on-chain settlements occurring only in the event of disputes.
Yellow Network's Alexis Sirkia Advocates P2P Transactions as Web3's Future
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