Ethereum fees are plummeting so fast that Vitalik Buterin says most Layer 2 chains now lack purpose
Ethereum was cheaper than anticipated in 2020, and rollup decentralization was slower than promised in 2021. Those two realities are compelled the ecosystem to rewrite what “a layer-2” is for. Vitalik Buterin’s current submit on Ethereum Research bluntly frames the shift: the unique imaginative and prescient of layer-2 (L2) blockchains as “branded shards” of Ethereum…
