Vitalik Buterin, co-founder of Ethereum, predicts that interoperability problems between Layer-2 and Layer-3 will be resolved quickly within the next few months. Ethereum ecosystem.
Buterin stated in a social media post on Aug. 5, post Recent advances and collaboration efforts will eliminate the current challenges. He said:
“I think people will be surprised by how quickly ‘cross-L2 interoperability problems’ stop being problems and we get a smooth user experience across the entire Ethereum-verse.”
Ses comments highlighted the ongoing effort to simplify user interaction across Ethereum’s Layer-1 and Layer-2(L2) networks. These include rollups (validiums), sidechains, and validiums.
Ethereum L2 solutions face many challenges. They include maintaining security and high standards while addressing scaling issues, such as transaction speed and data availability.
The complexity of the user experience and the requirement for seamless integration into existing infrastructure are also obstacles.
Roadmap
Buterin shared with us his road map for seamless L2 cross-interoperability. He highlighted several important Ethereum Improvement Proposals.
- EIP-3770Proposes a new format of address for decentralized apps and wallets, using prefixes that are readable for each chain to enhance user experience.
- EIP-7683: Focuses mainly on the establishment of a standard method to allow layer-2 networks, via liquidity providers and other intermediaries, to trade between different chains. This simplifies current processes.
- EIP-3668Introduces an approach that is standardized for Ethereum Smart Contracts to access data off-chain, also known as “Layer-2 light clients,” This could reduce data storage costs in the chain.
Buterin also discussed future developments that will enhance cross-L2 interaction, such as keystore rollups. proof aggregation. These advancements, he believes, will improve Ethereum’s interoperability and scalability.
Experts believe it could take up to several years for the finalization of zk-rollups on Ethereum.
This year has been a busy one for the earliest part of this decade. financial VanEck, a services company, predicted that Ethereum’s L2 Scaling solutions could achieve a $1 trillion market cap The simplest way to understand this is by examining the following: next The prediction is six years. This prediction highlights both the importance and the potential of the Ethereum ecosystem as a whole.
Buterin’s goal of improving the interoperability within layer-2 networks is to strengthen the Ethereum ecosystem and make it more versatile. This will lead to a wider range of adoptions and innovations.
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Source: cryptoslate.com