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Ethereum core developer: Ethereum L1 is not a place for everyday users to conduct transactions in the long term

Ethereum core developer: Ethereum L1 is not a place for everyday users to conduct transactions in the long term

CointimeCointime2024/02/07 06:28
By:Cointime

Eric.eth, a core developer of Ethereum, stated on social media that vitality is the most important aspect of Ethereum. Without it, you cannot join the world financial system. Trust will quickly break down due to downtime. However, the cost is too high, and in the long run, Ethereum L1 is not a place for daily users to conduct transactions. It will be a DA/settlement layer. L2 will (and is) solving the problem of high fees. However, the user experience of L2 is poor, which is an easily solvable problem. In the past two years alone, it has increased by 10 times, and wallets will eventually eliminate the pain point.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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