Ethereum Requires a Cohesive Interoperability Framework for Layer 2 Networks

10

The Ethereum ecosystem requires a singular, entirely decentralized protocol to facilitate the transfer of assets across L2 networks and to allow their integration into cryptocurrency wallet interfaces.

Ethereum Requires a Cohesive Interoperability Framework for Layer 2 Networks0

Vitalik Buterin, the Co-Founder of Ethereum, expressed his view that the L2 landscape does not resemble a “unified Ethereum.” He noted that while the situation has improved compared to a year ago, it still does not meet expectations.

A fully decentralized protocol that facilitates L2 network interoperability could enhance the cohesive nature of the Ethereum ecosystem. Furthermore, Buterin stated that such a solution should not merely supplement the existing interaction protocols within L2 sub-ecosystems but should entirely replace them to prevent unnecessary fragmentation of the Ethereum ecosystem.

Additionally, Vitalik posits that it is currently more rational to utilize the first layer of Ethereum for specific functions. He cited transaction execution, modifications to wallet , and interactions with the Ethereum Name Service (ENS) as examples.

In a recent publication, Vitalik Buterin highlighted several other urgent matters that the Ethereum community will need to tackle in the near future. The content is technical and aimed at developers, but to summarize the issues discussed, the primary concerns are:

  • the use of maximal extractable value (MEV) algorithms;
  • the preference for liquid staking and the absence of solo staking;
  • the extremely high hardware requirements for deploying independent nodes and the necessity for specialized skills to manage them.

Overall, the key directions for Ethereum’s development in the medium term continue to focus on enhancing the decentralization and security of the mainnet.

Previously, Vitalik also urged preparations for a post-quantum future by implementing necessary measures today. His viewpoint was later supported within the academic community, where a notable figure discussed the potential vulnerabilities of most blockchain systems to threats posed by quantum computing.

Сообщение Ethereum Needs Unified Interoperability Protocol for L2 Networks появились сначала на CoinsPaid Media.