Vitalik Buterin Makes Important Statement About Ethereum Layer 2

Vitalik Buterin Makes Important Statement About Ethereum Layer 2

A recent conversation with Vitalik Buterin on Platform scalability tool for the Ethereum network.

A recent conversation with Vitalik Buterin on Platform scalability tool for the Ethereum network.

Advertisement

At its core, an L2 solution is a secondary framework or protocol built on top of the Ethereum blockchain, designed to increase transaction capacity and speed without compromising the security provided by the main chain, known as layer 1 (L1). This conversation is vital because it helps users understand the types of solutions available and their respective trade-offs.

Buterin participated in a discussion and clarified that “L2” encompasses both accumulations and validiums. The distinction is important for users to understand different security and scalability features. Rollups are “security-friendly” solutions that group or “roll up” transactions into a single proof, which is published to the main chain.

This process allows for high security, as the L1 blockchain protects them directly. In contrast, “scale-friendly” validiums are designed to increase capacity by storing data off-chain but with testing still on-chain, offering slightly less security for much greater scalability.

Related
Shiba Inu Leader Wants to Reinvent Crypto Identity

The distinction is nuanced but significant. While rollups are more expensive because data is published on-chain, they offer greater security. Validiums, on the other hand, offer a cheaper alternative, with a slight disadvantage in terms of security. Buterin suggests that terminology should reflect these differences without delegitimizing either option. On the spectrum of L2 solutions, he proposes terms like “strong L2” for accumulations and “light L2” for validiums to help users better navigate their options.

Interestingly, Buterin also points out that the architecture of L2 solutions is not strictly about security levels. He previously attempted to categorize these layers, but recognized that there is a significant “gap” between abstracts and validiums, further complicating classification.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة