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]
  • Onchain Fatigue: The Harsh Reality Driving Users Away from Web3 16 hours ago
  • Are Airdrops Overfarmed? State of the Market 2 days ago
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 3 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 6 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 7 days ago
  • You need to login to comment.