When it comes to Ethereum scaling, Vitalik Buterin believes that Layer 2 solutions are the way to go.
For quite some time, Ethereum’s scaling issues have been at the forefront of technical discussions among DeFi enthusiasts and ETH supporters. Vitalik Buterin addressed the issue today at the annual Shanghai Blockchain Week conference.
Vitalik Buterin discussed the future of Ethereum scaling in his opening remarks at this year’s Shanghai Blockchain Week in China.According to reports, he believes that using Layer 2 solutions is the only safe way to scale Ethereu while still maintaining a worthwhile level of decentralization.He acknowledged that there is a critical need to make the network more scalable, while also admitting that Ethereum’s native scaling solutions, such as sharding, would take a long time to implement.Instead, Rollups – a well-known and popular Layer 2 solution that handles transactions off the Ethereum chain and posts them to the chain – could provide a significant scalability boost.Buterin is not the first to mention Rollups and the benefits they could bring to the ecosystem.He also stated this on the Tim Ferriss Podcast, even going so far as to claim that Ethereum can scale 100x in a matter of months by utilizing Rollups. That was in March of this year.