Should Ethereum be okay with enshrining more things in the protocol?

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  • l2beat

    L2BEAT is an analytics and research website about Ethereum layer two (L2) scaling solutions.

  • Ecosystem fragmentation is not necessarily a bad thing. It leads to rapid development through competition. Different L2s are competing against each other to provide the best service and that has lead to a cambrian explosion of solutions. It's also a very effective way to explore the solution space, I'm sure many will disappear, others will get eaten, and at some point there will be consolidation. But all this seems like a good approach early on when tackling complex problems for which the ideal trade-offs are not entirely obvious. Explore as much of the solution space as possible and trim later on.

    A perhaps more pernicious problem is liquidity fragmentation. Moving assets between L2s is a tedious friction that leads to fragmentation of liquidity. In that respect, zero-knowledge rollups present a big advantage as you can share liquidity between them as long as they share some zk-circuits that allow to prove statements to both chains. All this is being very actively worked on. And the technology behind it is short of fascinating. The typical HN audience would have a huge hard-on for it, if they didn't have such a strong preconception against crypto-anything.

    If anyone is curious to learn more about L2s a good starting point is here: https://l2beat.com/

    And if you want to see Ethereum scaling progress you can check it here: https://l2beat.com/scaling/activity

    The next major upgrade to the protocol, slated for late this year or early 2024 (date is not finalized yet), will focus on scalability by making L2 activity veeery cheap.

  • v86

    x86 PC emulator and x86-to-wasm JIT, running in the browser

  • If Ethereum was a website, it would be running an x86 VM (such as [1]), running a custom web browser and database engine, to display mostly static websites and the occasional comments section under a blog post.

    As an engineer I'm 10% fascinated and 90% horrified by the sheer complexity.

    [1] https://github.com/copy/v86

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    The modern identity platform for B2B SaaS. The APIs are flexible and easy-to-use, supporting authentication, user identity, and complex enterprise features like SSO and SCIM provisioning.

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NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a more popular project.

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