In today’s briefing:
- Crypto Moves #16 – Why We Are Long Ethereum Layer 2s
Crypto Moves #16 – Why We Are Long Ethereum Layer 2s
- In the short to medium term, Ethereum is mainly depending on what is known as off-chain scaling to significantly expand its blockchain’s capacity beyond its current limit of roughly 15 transactions per second.
- This strategy sets Ethereum apart from other blockchains like Solana, which primarily concentrate on scaling directly on the blockchain itself, also known as on-chain scaling.
- Ethereum’s method involves using something called Layer 2s, or rollups.