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Ethereum Core Developer: In the long run, Ethereum L1 is not the place for everyday users to conduct transactions

Ethereum Core Developer: In the long run, Ethereum L1 is not the place for everyday users to conduct transactions

2024/02/07 06:08
ETH-1.14%

Ethereum core developer eric.eth stated on social media that vitality is what Ethereum values most. Without it, you cannot join the global financial system. Trust can quickly break down due to downtime. But the cost is too high, in the long run, Ethereum L1 is not where everyday users transact. It will be a DA/settlement layer. L2 will (and is) addressing the issue of high fees. However, the user experience of L2 is terrible, which is an easily solvable problem; it has improved tenfold just in the past two years and wallets will eventually eliminate pain points.

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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