There is general agreement in the crypto world about the Ethereum blockchain: It is good, but not perfect. Most Ethereum virtual machine (EVM) developers agree that if the execution layer of layer-1 (L1) were fast and scalable, there would be less need for layer-2 (L2) solutions. However, we know that the future of Ethereum depends on L2 solutions.

L2's double-edged sword

While L2s have demonstrated their ability to speed up transactions, dramatically reduce gas fees, and scale transaction volumes exponentially, these gains come with a significant trade-off – multiple L2 blockchains operating in isolation from each other, aka “sharding.”

It is thought that Ethereum may implement ZK-EVM in the future

Ethereum co-founder Vitalik Buterin said in December that he supported the idea of ​​installing the “ZK-EVM” upgrade for the blockchain.

But in practical application, a single rule change can create challenges for hundreds of Layer-2 developers and programmers in EVM regarding compatibility, upgradeability, and adaptability in their existing systems. Ethereum with ZK-EVM is probably not just around the corner.

The solution for now is compatible L2 ecosystems

To solve the fragmentation problem, end users and developers need to be able to cheaply and quickly exchange crypto asset information between L2s without having to stop at the Ethereum L1.

As a result, despite the fact that Ethereum has created the basic infrastructure for decentralized applications, the banner of progress now falls squarely on the shoulders of L2 solutions. What are your thoughts? We are waiting your comments.#Ethereum#Blockchain #Crypto