• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Debating the Role of Layer-3 Networks in Ethereum Scaling

user avatar

by Giorgi Kostiuk

2 years ago


The CEO of Polygon, Marc Boiron, ignited a debate recently by declaring that Layer-3 networks are unnecessary for scaling Ethereum and only exist to drain value from the mainnet. Boiron argued that the mission of Polygon is to scale Ethereum through layer-2 networks, leveraging parallelization of the EVM and emphasizing privacy. In contrast, other industry players, such as Peter Haymond from Offchain Labs and Patrick McCorry from Arbitrum Foundation, believe that Layer-3 protocols offer various benefits without detracting value from Ethereum. This ongoing discussion centers on whether Layer-3 networks provide unique functionalities or merely duplicate the existing solutions provided by Layer-2 networks. Ethereum co-founder Vitalik Buterin has also contributed to this discourse, emphasizing the need for Layer-3 networks to offer distinct functions from their predecessors to justify their existence. This debate underscores the evolving landscape of Ethereum scalability solutions and the diverse perspectives within the crypto community regarding the role of Layer-3 networks.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ZKP's Transparent Structure Appeals to Cautious Retail Investors

chest

ZKP's presale structure eliminates private rounds and insider advantages, appealing to retail investors seeking fairness.

user avatarArif Mukhtar

Inside USA House Event in Davos Shows No Links to Cryptocurrency

chest

The recent Inside USA House event in Davos has drawn attention, but thorough verification has revealed no connections to cryptocurrency discussions.

user avatarMaria Gutierrez

Expert Reactions to Proposed Presidential Crypto Ban

chest

Financial ethics specialists have mixed reactions to the proposed ban on cryptocurrency transactions for government officials.

user avatarDavid Robinson

Long-Term Conviction in XRP Amid Short-Term Volatility

chest

X Finance Bull contrasts long-term research-driven conviction with short-term market reactions regarding XRP, highlighting the inconsistency of recent selling pressure with institutional readiness.

user avatarAndrew Smith

Avalanche Price Shows Signs of Recovery

chest

Avalanche price is hovering around $12, indicating a potential recovery phase after a sharp pullback.

user avatarJacob Williams

World Liberty Financial's Bank Charter Application Advances Amid Political Controversy

chest

World Liberty Financial's national bank charter application is progressing through the OCC review process amid political controversy, with concerns raised by Senator Elizabeth Warren regarding potential conflicts of interest.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.