There are ‘lighter’ alternatives to Ethereum L3s

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Opposition against Ethereum L3s continue with the latest comment from Ethereum founder, Vitalik Buterin. He prefers 'lighter' options to L3s.

L3s hasn’t cooled off. Vitalik Buterin has voiced his take on the L3 discussion, adding to the number of opponents of the three-layered architecture.

For perspective, the discussion emerged after Degen Chain, an L3 on Base, recorded explosive growth less than a week after its debut.“A three-layer scaling architecture that consists of stacking the same scaling scheme on top of itself generally does not work well.” Nevertheless, Buterin acknowledges that L3s can “reduce some fixed costs of batch publishing and deposits/withdrawals.” Unfortunately, they don’t improve transaction throughput.

Instead, Buterin champions “lighter” cryptographic tools known as SNARKs . He believes that SNARKs could efficiently address whatever L3s are trying to solve.“Do we need L3s?The above discussion shows too much heat for L3s. It remains to be seen whether L3s will survive the onslaught.Benjamin is a Telecommunication Engineering graduate who is passionate about crypto-markets and unraveling market trends.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Ethereum-killer’ Solana’s co-founder supports EthereumThe SEC's recent probe into Ethereum has stirred speculation amid a 4% decline in Ethereum's value over the past week.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Will L3s put ‘Ethereum’s security at risk’? Polygon CEO weighs inDegen Chain success sparked debate on L3s with Polygon Chief citing them as a security risk to Ethereum and could affect ETH's value too.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ethereum: Will fresh demand again push ETH past $4K?The daily count of new addresses on Ethereum [ETH] assessed on a seven-day moving average reached a year-to-date (YTD) high of 116,000 on...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ethereum: All factors that will dictate when ETH crosses $4K againEthereum maintained a long-term bullish bias in terms of network adoption and demand from new users according to on-chain metrics.
Source: CryptoAmb - 🏆 22. / 68 Read more »