Ethereum Unleashed By Layer 2
While all eyes are on Ethereum’s Phase 0, the existing infrastructure is seeing major scalability improvements.
During a time when Ethereum transaction costs are going through the roof, the need for scaling solutions is as apparent as ever. While the long-term plan is to scale via ETH 2 and sharding, we’re likely years away from the full mainnet implementation.
Therefore, Ethereum may have to look for interim solutions to relieve the congestion. Fortunately, layer 2 solutions like Optimistic Rollups, ZK-Rollups, and Plasma side chains have all been making significant progress in recent weeks.