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On October 31, the co-founder of ethereum published an article highlighting the dimensions of connecting to the blockchain network such as the security of withdrawing to ethereum and the security of reading ethereum.
Buterin also notes a trend for Layer 2 projects to become more heterogeneous and how this raises the question of complicated trade-offs that applications have to make.
For some, connection is important
Buterin shares that for some projects, high security and a close connection are important. While for others, something more flexible is acceptable in exchange for greater scalability.
eth.limo/general/2023/10/31/l2types.html” target=”_blank” rel=”noreferrer noopener”>The report He goes on to state that two crucial dimensions make up this connection, the first being the security of withdrawing to ethereum, which encompasses the security aspects related to transferring assets back to the ethereum blockchain. The evaluation is then based on two perspectives: the level of security provided and the extent to which different users or use cases can access the highest security level.
The second dimension is said to be the ability of a chain to securely read data from the ethereum blockchain, based on the speed at which the chain can access ethereum blocks, with a focus on completed blocks. against all blocks, and the strength of the social commitment of the chain. to address exceptional scenarios such as 51 percent attacks and hard forks.
Rapid expansion over the last year
Over the past year, the ethereum Layer 2 ecosystem has shown significant growth with the launch of the EVM rollup ecosystem, and Kakarot and Taiko, which continue to improve network security.
At the time of writing, ethereum sits at $1,796, up 6.86 percent over the past month according to ethereum/” target=”_blank” rel=”noopener”>CoinMarketCap.
