The L1 Wars: SOL, AVAX, NEAR | 15 Jan 2022

Solana

• Smart contract platform without  sharding or Layer 2s


• "Blockchain at NASDAQ speeds"  (actual original pitch deck tagline)

Anatoly (Solana):  Not necessarily true.  DeFi might bid for priority, but they  don't need all bandwidth

Future of Smart Contract Platforms Gün (Avalanche):  A one-size-fits-all blockchain will get  dominated by whoever can pay the  highest fees (the DeFi folks)  They will crowd out everyone else

Illia (NEAR)

• NFTs don't work well with bridging

Naval

• This likely leads to consolidation of info  onto 1 or a few chains