What helped bring Ethereum to these heights is its exceptional and unparalleled ecosystem. And in my opinion, the thing keeping Ethereum in these heights are L2s
The reason I stress on the importance of L2s is because Ethereum is stuck in a dilemma.
The more successful and popular Ethereum becomes, the more users and activities it will acquire daily. But that in turn will slow down the network which would then make it lose users and activity.
With L2s being introduced, this issue is slowly but surely fading into obscurity day by day.
This is the main reason why the Ethereum development team ended up changing the roadmap to one that focuses a lot of L2s being implemented into the network.
We’re already seeing unprecedented development for L2s especially the zero-knowledge sector.
A lot of L2s are focusing on ZK especially ones like Polygon after they started developing their open source zkEVM. Yet they still have other solutions that focus on Optimistic rollups as well.
These L2s have proven to be extremely popular as well considering that the aforementioned Polygon is currently nearing 175 million unique addresses.
Technically speaking, Ethereum will never escape Vitalik’s trilemma, but practically speaking, L2s will act as an outside extension to help solve this problem.
What L2s will do ensure that Ethereum keeps its high level of decentralization and security while still being fast and cheap.
Why would anyone want to leave the amazing ecosystem that Ethereum has to offer with some of the most popular dApps and NFTs, for another chain is efficient but lacks the diversity and uniqueness of Ethereum’s ecosystem?
