Ye Zhang, co-founder of the Ethereum scaling platform Scroll, has criticized proposals to impose fees on rollups, arguing that it could negatively impact the network's future.
Criticism of Fee Proposals
Ye Zhang labeled the idea of rollup fees as "one of the most toxic" for Ethereum's future, stating that it misrepresents the true value of the blockchain. He emphasized that Ethereum's success should not be measured by revenue, but by its position as the primary asset in many rollup ecosystems. Zhang highlighted a significant drop in Ethereum's daily fees following the implementation of EIP 4488.
Alternative Approaches to Ethereum's Growth
Zhang warned that imposing rollup fees could drive these systems toward alternative data availability solutions, potentially weakening Ethereum's influence. He argued that Ethereum should focus on network scaling and accelerating key upgrades instead.
OKX Ventures’ Investment in Scroll
In 2023, OKX Ventures made a strategic investment in Scroll, aligning with their mission to support projects that enhance Ethereum's scalability. Scroll is a fully open-source rollup platform based on the Ethereum Virtual Machine (EVM), designed for seamless compatibility with Ethereum's existing tools and applications.
Ye Zhang's comments reflect growing concerns over Ethereum’s long-term strategy and highlight the need for focusing on network scalability.
