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
Zcash Price Shows Positive Momentum

Zcash has stopped its correction phase and is showing a controlled upward movement. Currently, Zcash is trading near the 535 zone, up around 4%. This price movement indicates a shift from a downside support range to a more structured upward trend, which could signal potential larger moves in the near future.

Short-Term ZEC Price Prediction Shows Resistance at 550

Zcash is approaching a resistance level of 550, with potential for a breakout.

Fidelity Go Offers Cost-Efficient Investing for Beginners

Fidelity Go is highlighted as the best option for new investors with its zero management fees for accounts under $25,000.

2025 Sees a Major Shift to AI-Powered Robo-Advisors

The financial landscape of 2025 is characterized by a transition from traditional wealth management to AI-driven robo-advisors, catering to a younger, tech-savvy investor demographic.

Betterment Enhances Real-Time Goal-Based Optimization

Betterment has evolved its platform to include real-time portfolio optimization and behavioral coaching, making it a top choice for goal-oriented investors.

Wealthfront Leads with Advanced Financial Planning Tools

Wealthfront is recognized for its innovative Path digital planner and tax optimization strategies, positioning itself as a leader in autonomous financial planning.

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