Ethereum

Polygon

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<ul class="news-points">
 <li>Vitalik Buterin believes L3 networks “don’t magically improve throughput.”</li>
 <li>Buterin also stated that there are “lighter ways” to save costs other than using L3s.&nbsp;</li>
 <li>Polygon’s Marc Boiron believes L3s only exist to take value away from Ethereum.</li>
</ul>
Vitalik Buterin, the co-creator of the Ethereum blockchain, has reiterated his stance on Layer 3 networks, adding that they “don’t magically improve throughput.”&nbsp;
In a<a href="https://twitter.com/VitalikButerin/status/1775015326419439768" target="_blank" rel="noopener noreferrer nofollow"> post</a> on social media platform X, Buterin shared his<a href="https://vitalik.eth.limo/general/2022/09/17/layer_3.html" target="_blank" rel="noopener noreferrer nofollow"> article</a> on Layer 3 networks that he wrote around 1.5 years ago, which concludes that L3 networks “can reduce some fixed costs of batch publishing and deposits/withdrawals.”
Buterin, however, believes that there are “lighter” ways to get the cost savings that users get from the usage of L3 networks.
Moreover, the Ethereum co-creator went on to say in the article that the debate for the classification of L3 networks and L2 networks remains open, adding that it is “premature to settle definitions while the architecture of the multi-rollup ecosystem is far from set in stone and most of the discussion is happening only in theory.”
Notably, Polygon CEO Marc Boiron <a href="https://coinedition.com/polygon-ceo-criticizes-layer-3-networks-cautions-potential-risks/" rel="noopener noreferrer nofollow">shares</a> an opp…
The post <a href="https://coinedition.com/vitalik-buterin-l3s-can-reduce-costs-but-there-are-lighter-ways/" rel="noopener noreferrer nofollow">Vitalik Buterin: L3s Can Reduce Costs But There Are ‘Lighter’ Ways</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Vitalik Buterin: L3s Can Reduce Costs But There Are ‘Lighter’ Ways

Coin Edition

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