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Gulf Press > Business > Crypto > Community supports Vitalik’s stance on Layer 2 solutions by addressing misunderstandings in the roadmap
Crypto

Community supports Vitalik’s stance on Layer 2 solutions by addressing misunderstandings in the roadmap

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Last updated: 2024/09/10 at 11:40 PM
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The Ethereum community is rallying to defend Vitalik Buterin’s vision for Layer 2 (L2) solutions amidst increasing criticism claiming that L2 solutions are straying from Ethereum’s core principles and intended roadmap. Offchain Labs co-founder Steven Goldfeder recently took to social media to address these criticisms by revisiting Buterin’s 2020 rollup-centric roadmap. The debate surrounding L2s and their role within Ethereum has intensified, with concerns that these scaling solutions are deviating from the broader vision originally outlined for the platform. Goldfeder tackled three main criticisms: that L2s are not truly part of Ethereum because they compete with one another, that L2 tokens and revenue models contradict Ethereum’s values, and that L2s should not support decentralized finance (DeFi) projects.

Goldfeder’s first rebuttal focused on the claim that L2 solutions cannot be considered part of Ethereum because they operate as separate entities, like Arbitrum and Base, leading to competition and fragmentation. However, Goldfeder referenced Buterin’s metaphor of Ethereum as a collection of “islands” that are unique yet interconnected, highlighting that multiple L2 solutions can coexist and contribute to the network’s overall strength and scalability. He also addressed the criticism that L2 tokens and revenue models, such as fee and MEV collection, are contrary to Ethereum’s values by pointing out that these elements were explicitly included in Buterin’s 2020 roadmap as planned components of the ecosystem.

Furthermore, critics have argued that L2 solutions should not support DeFi projects and that such projects should remain on the Ethereum mainnet to maintain its integrity. Goldfeder countered this argument by referencing Buterin’s early vision, which identified DeFi as an expected early adopter of L2 technology. This indicates that supporting DeFi projects on L2 solutions was always intended to be a crucial driver for Ethereum’s expansion into more scalable and efficient transaction processing. Goldfeder’s thread sparked a broader discussion within the Ethereum community, with responses from various users questioning the success of building new applications within existing systems, similar to developing on L2s within Ethereum.

Vitalik Buterin himself joined the conversation about Layer 2 solutions, drawing a parallel between modern web browsers and operating systems to illustrate how applications can run within browsers effectively functioning as mini operating systems. This analogy reinforces the argument that L2 solutions operating within Ethereum are not restrictive but rather enhance the ecosystem’s ability to support diverse and complex applications. Overall, the Ethereum community is actively defending Buterin’s vision for Layer 2 solutions and emphasizing the importance of L2 technologies in achieving the platform’s scalability and efficiency goals while aligning with its core principles.

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News Room September 10, 2024
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