True for ETH; not necessarily for faster chains.https://twitter.com/john_j_brown/status/1295231224219410432 …
1/2 Eventually a L1 will saturate. Only way to increase throughput is to use L2 solutions. Even if you have a L1 chain that can do 10M txs second, it will just delay the moment it will saturate and you'll have to move to L2.
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2/2 Why it happens? If L1 is fast and cheap people will think they can use it for anything: storage, gambling, sending money, selling horses and sheeps. Then you'll need anyway L2 solutions to break bottlenecks. It's just a function of time and success
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True, but I also think that there's a huge difference between 10m and 7. If you can get to 10m then you can get a TON more infrastructure up which is fast,
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All right Paolo,agree more !
Thanks. Twitter will use this to make your timeline better. UndoUndo
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What L2 working solutions for
#ETH do we have atm? -
OMG Network has been busy building L2 and it is ready to help Eth congestion. Its faster, cheaper and same security of Eth as its childchain. Great L2 option. Tether currently onboarding. People are starting to wake up and realize OMG has awoken!pic.twitter.com/QEDCgFc65O
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What's the plan to save
$USDT users from all these exorbitant fees? Looks like nobody supports anything other than the ERC20 optionThanks. Twitter will use this to make your timeline better. UndoUndo
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