• 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

a year 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

Kevin Durant's Bitcoin Investment Journey Begins

chest

Kevin Durant's journey into Bitcoin investment began in late 2016, influenced by discussions at a birthday celebration.

Jacob Williams

Kevin Durant Successfully Recovers Coinbase Account

chest

NBA star Kevin Durant has successfully recovered his Coinbase account after a brief period of inaccessibility.

Zainab Kamara

Circle CRCL Sees Growth Amid Rising USDC Adoption

chest

Circle Internet Group CRCL is experiencing significant growth due to the rising adoption of its USDC stablecoin and a favorable regulatory environment.

Son Min-ho

Bullish BLSH Secures Key License to Launch Operations in the US

chest

Bullish BLSH has obtained a key license from the New York State Department of Financial Services to launch operations in the US, leading to a surge in its stock price.

Ayman Ben Youssef

Michael Saylor's Strategy MSTR Sees Major Stock Surge Amid Bitcoin Rally

chest

Michael Saylor's Strategy MSTR sees a significant stock surge of over 73% amid Bitcoin's rally, driven by strong retail interest and positive remarks at the Bitcoin Treasuries Unconference.

Tando Nkube

Canadian Police Confiscate $405 Million in Crypto from TradeOgre

chest

The Royal Canadian Mounted Police has confiscated 56 million CAD in digital assets from the crypto exchange TradeOgre due to non-compliance with money laundering regulations.

Kofi Adjeman

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.