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by mule1
1651 days ago
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This is all at the sacrifice of decentralization zkrollups and zkporter (one roll up solution) will eventually be able to handle transactions at that clip while being decentralized. The energy consumption point is incorrect as moving to proof of stake Ethereum will be using a fraction of the energy it uses today, however at the cost of capital concentration in the hands of validators which I actually see as a negative for all of these proof of stake blockchains. I think the scariest thing that people think of and I originally thought when I heard Ethereum will scale with "Layer 2's" is you are sending your money to a blockchain you do not have the keys to do not actually control the funds. The layer 2 scaling solutions will seamlessly interoperate with the current dapps that will be ported over looking seemless for users. You are essentially holding your capital in a contract you can call on at anytime and retrieve to the settlement layer (Ethereum layer 1). These are the trade off imo and do not make either system better. I just prefer decentralization if I'm holding capital on a blockchain for an extended period of time. |
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It also would be a fair comparison to compare what is existing today. So, please don't say that Ethereum 2.0 will be far more efficient. By that time Solana would have made great strides too. So, let's compare what is existing today. Ethereum 2.0 is being touted for several years and still not ready. We can compare Ethereum 2.0, when it's ready and there, but not now.