Ethereum is finally moving to proof-of-stake this year, and with that, the aim is to:
“Ultimately address some of the gas fee issues.”
One of the primary methods to reduce gas fees are layer-2 solutions. Chains such as Polygon process over 3 million transactions per day and have hundreds of millions of addresses.
The question is, will layer-2 networks like Optimism, Boba Network, Arbitrum One, and Polygon be viable after The Merge? We spoke to various web3 founders to get their perspectives on the most significant event in crypto history.
Layer-2 solutions
Layer-2 networks work on top of the Ethereum network, referred to as Layer-1. There are several types of Layer-2 protocols. Essentially, layer-2s independently process transactions to complete more transactions per second with lower gas fees; the transactions are then registered in the Ethereum blockchain at a later time.
If Ethereum’s move to proof-of-stake achieves its goal of addressing gas fees and transaction volume, then
We współpracy z: https://cryptoslate.com/will-ethereum-layer-2-chains-survive-after-the-merge/
