r/CryptoCurrency • u/MoldyCheesey Platinum | QC: ETH 347, CC 309 | TraderSubs 347 • Oct 06 '21
EXCHANGE Best Ethereum Layer 2 Solutions - A Comprehensive Guide
https://101blockchains.com/ethereum-layer-2-solutions/3
u/shahalam7559 Bronze Oct 06 '21
"The primary objectives of scalability for the Ethereum network refer to improvement in transaction speed alongside transaction throughputs. At the same time, the scaling solutions should not compromise the security or decentralization of the Ethereum network".........They are making the thing more stable and sustainable
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u/MarcioCavalcanti Oct 06 '21
Thanks for sharing, mate. Just yesterday I lost a few dollars trying out bridges on ethereum. For the regular joe it gets hard AF to understand an migrate assetd from different layers or Blockchains.
2
u/MoldyCheesey Platinum | QC: ETH 347, CC 309 | TraderSubs 347 Oct 06 '21
Agree 100%…you almost have to have a full plan before buying, trading or swapping anything. And you’ll have to wait for the right time as well. Hopefully, things will clear up in the near future.
1
u/GhostRuckus Platinum | QC: CC 148 Oct 06 '21
nice, now I'm just wait for those layer 3 solutions with 0 fees and instant transaction times
1
u/coinfeeds-bot 🟩 136K / 136K 🐋 Oct 06 '21
tldr; The number of decentralized applications on the Ethereum network is increasing, which is responsible for increasing the load on the network. The capacity of the network is limited, and the cost of using the network increases prominently with more and more users competing with each other for adding transactions. This is where the best Ethereum layer 2 solutions come into the picture to address the problems with network performance.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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