• 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

Aster and Yooldo Games Shine in a Year of Token Underperformance

chest

Aster and Yooldo Games have emerged as standout performers in a year where most tokens have struggled, with Aster seeing a FDV increase of over 740% and Yooldo Games over 530%.

user avatarEmily Carter

November CPI Distorted by Government Shutdown, Says Fed President

chest

November CPI distorted due to government shutdown, says Fed President John Williams.

user avatarTomas Novak

Implied Volatility Declines Ahead of Year-End

chest

Implied volatility for Bitcoin has compressed to 44, indicating weaker demand for near-term hedges.

user avatarMaya Lundqvist

Brooklyn Man Indicted in Major Coinbase Phishing Scheme

chest

Ronald Spektor, a 23-year-old from Brooklyn, was indicted on 31 counts for running a phishing scheme targeting Coinbase users, stealing digital assets by impersonating a company representative.

user avatarKaterina Papadopoulou

Address Poisoning Scams Result in Over 100 Million in Losses

chest

Address poisoning scams have resulted in over 100 million in losses in 2024, highlighting the escalating concern regarding personal wallet security.

user avatarLeo van der Veen

Sheila Waswa's Chasing Mavericks Leads the Charge in Africa's Blockchain Education

chest

Sheila Waswa, the founder and CEO of Chasing Mavericks, is making significant strides in shaping Kenya's Web3 infrastructure through education and community engagement in the blockchain space.

user avatarLi Weicheng

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.