Cryptocurrency News
Layer-2 adoption could spur the next crypto turning point
2022.05.23 10:57
Layer-2 adoption could spur the next crypto turning point
A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum.
The May 22 post explains that “We’re at a turning point” where the industry is moving away from bridging between L1 blockchains towards L2’s which are “right out of the gate, more secure and decentralized than alt-L1s and are built to use sound money on a credibly neutral platform.”
