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.
Debating the Role of Layer-3 Networks in Ethereum Scaling

by Giorgi Kostiuk
2 years ago

Other news
JustLend DAO Sees Growth in Ecosystem Activity and Product Suite Expansion

JustLend DAO reports significant growth in ecosystem activity, with total value locked surpassing 708 billion and new product features enhancing user experience.

Maxi Doge MAXI Thrives on Presale Hype

Maxi Doge MAXI is a presale meme token that relies on community attention and hype.

Zero Knowledge Proof ZKP Gains Attention in Daily Presale Auctions

Zero Knowledge Proof ZKP is gaining attention through daily presale auctions with a limited token supply, aiming to raise $1.7 billion.

JasmyCoin Offers Stable Market Access for Investors

JasmyCoin is providing a liquid market option for investors with real-time trading data.

Bitcoin Hyper HYPER Shows Mixed Signals in Early Trading

Bitcoin Hyper HYPER is experiencing mixed signals, indicating caution for traders.

Confidential Execution Enhances AI Learning

Confidential execution using Zero Knowledge Proof (ZKP) allows AI models to train on private data while ensuring security and compliance.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter