Vitalik Buterin emphasizes the importance of layer 2 scalability solutions for Ethereum's future. Discover the impact of layer 2 protocols on transaction capacity and innovation.
Vitalik Buterin, the creator of Ethereum (ETH), emphasized the importance of focusing more on layer 2 scalability solutions in a recent blog post. He believes that neglecting layer 2 would be a big mistake, and developers should continue to focus on collaboration, security, and gas-efficient transactions. According to Buterin, layer 2 protocols have made significant progress since their initial trials in 2019, increasing Ethereum’s transaction capacity by 17 times. With billions of dollars locked in these protocols, he stressed that layer 2 enables the development of a vast wave of innovative applications.