Vitalik Buterin: L3s Can Scale back Prices However There Are ‘Lighter’ Methods

• Vitalik Buterin believes L3 networks “don’t magically enhance throughput.”
• Buterin additionally acknowledged that there are “lighter methods” to save lots of prices apart from utilizing L3s. 
• Polygon’s Marc Boiron believes L3s solely exist to take worth away from Ethereum.

Vitalik Buterin, the co-creator of the Ethereum blockchain, has reiterated his stance on Layer 3 networks, including that they “don’t magically enhance throughput.” 

In a put up on social media platform X, Buterin shared his article on Layer 3 networks that he wrote round 1.5 years in the past, which concludes that L3 networks “can cut back some mounted prices of batch publishing and deposits/withdrawals.”

Buterin, nonetheless, believes that there are “lighter” methods to get the fee financial savings that customers get from the utilization of L3 networks.

Furthermore, the Ethereum co-creator went on to say within the article that the controversy for the classification of L3 networks and L2 networks stays open, including that it’s “untimely to settle definitions whereas the structure of the multi-rollup ecosystem is much from set in stone and a lot of the dialogue is going on solely in idea.”

Notably, Polygon CEO Marc Boiron shares an reverse opinion, lately stirring the crypto neighborhood on X, stating that “L3s exist solely to take worth away from Ethereum and onto the L2s on which the L3s are constructed.” 

Boiron’s views have been challenged by a commentator who mentioned that L2s on Ethereum “ARE worth on Ethereum.” The Polygon govt replied: 

“I disagree that L2 worth is Ethereum worth. Simply take this to the acute. If all L3s settled to 1 L2, then Ethereum would seize mainly no worth and, thus, Ethereum safety can be in danger.”

Proper now, a number of the most important gamers within the L3 ecosystem, constructing on options from L2 networks, are Orbs, Xai, zkSync Hyperchains, and the newly launched Degen Chain on Arbitrum Orbit. Nonetheless, it’s vital to notice that this sector remains to be comparatively small.