Express

Ethereum's Layer 2 Solutions Are Ready For Adoption

Emily Mason

Summary: Creator of Ethereum Vitalik Buterin announced in a tweet on Monday, June 1 that the last stage left in the utilization of Ethereum's Layer 2 is deployment. Ethereum's Layer 2 includes zero-knowledge implementations, state chains and a plasma framework. However, before these features can be utilized, wallet providers and users need to opt into L2 ...

Creator of Ethereum Vitalik Buterin announced in a tweet on Monday, June 1 that the last stage left in the utilization of Ethereum's Layer 2 is deployment.

Ethereum's Layer 2 includes zero-knowledge implementations, state chains and a plasma framework. However, before these features can be utilized, wallet providers and users need to opt into L2 solutions.

If the framework is designed correctly L2 can assure quick withdrawls in the case of a crisis on plasma chains, Buterin said. He also declared the scaling strategy "basically a success."

By Emily Mason

Last Update:

Tags: ,,,
Link: Ethereum's Layer 2 Solutions Are Ready For Adoption   [Copy]
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 16 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago
  • You need to login to comment.