Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Only 5% will make it

2025-05-19

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19
  • NFT

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Rivalry among Ethereum layer-2s threatens the future of the ecosystem, says Polygon CEO
Blockchain

Rivalry among Ethereum layer-2s threatens the future of the ecosystem, says Polygon CEO

2024-04-09No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Marc Boiron, CEO of Polygon Labs, believes that the intense rivalry between Ethereum Layer-2 networks is the “biggest problem” facing the second-largest digital asset by market capitalization.

In an April 7 post on social media platform He explained:

“Ethereum’s biggest problem is constantly cannibalizing itself through all the L2s competing for developers, users, and liquidity instead of competing outside the Ethereum ecosystem. Microeconomics 101 would tell you this is a bad strategy. I don’t have the answer, but it needs to be addressed.”

Several members of the crypto community share Boiron’s perspective, arguing that Layer 2 networks should target those outside the Ethereum ecosystem. Karthik Senthil, the venture partner at crypto hedge fund Lattice, said:

“L2s will only be successful if they meaningfully grow the pie and attract 99% of the things (including web2) that are outside of Ethereum today. If we fight over the same people who are already here, no one wins anything.”

Notably, Boiron reposted a social media post urging the layer 2 networks to play the long game and “defend each other when they win.” The message reads:

“As fragmentation and chain abstraction will soon be resolved, L2s need to reshape their views on the value of moving apps from one L2 to another. Soon, a successful application to x-L2 will yield a percentage increase in value to y-L2. Stealing applications is a cannibalization of that value.”

Meanwhile, some community members argued that competition between layer 2s could ultimately improve Ethereum’s ecosystem.

Popularity of tier-2s

Layer-2s are blockchain networks designed to improve the scalability of Ethereum. In recent years, they have gained significant popularity and adoption within the crypto ecosystem.

See also  Bitcoin, Ethereum, Solana, Cardano, BNB Chain Lead

Data from L2Beat shows that the networks cumulatively process 123 transactions per second, surpassing Ethereum’s main chain by a factor of 10.7. For context, Coinbase’s high-flying Base network and Arbitrum, the largest layer2 blockchain, recorded higher transactions per second than the Ethereum mainnet in the past day.

Additionally, the number of active wallets using the networks surpassed five million early this month. At the same time, the total value of assets locked on these platforms has exceeded $42 billion, and there are indications that this trend could continue.

Source link

among CEO ecosystem Ethereum future Layer2s Polygon Rivalry threatens
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

2025-05-19

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

2025-05-19

Ethereum – price cannot break through – what does it stop?

2025-05-19

Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

2025-05-12

Trader says Bitcoin on CUSP to break out from Beerarish market structure, sketches path to new multi-month high

2025-05-09

Coinbase says the SEC’s response reinforces concerns about the regulator’s actions

2023-05-16
Editors Picks

Dogecoin (DOGE) looks at $0.50 again: is there a new rally on the horizon?

2024-11-18

Ethereum price recovery in trouble? These are the main obstacles to new growth

2023-11-22

This massive $500 billion investment could push the price above $50,000

2024-01-23

Worldcoin will phase out USDC payments for Orb operators

2023-10-23
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Finish Bitcoin price inches in the direction of all time-can Momentum?

Only 5% will make it

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,102.450.61%
  • ethereumEthereum(ETH)$2,507.883.11%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.37-0.68%
  • binancecoinBNB(BNB)$648.510.67%
  • solanaSolana(SOL)$165.56-1.83%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.223465-1.06%
  • cardanoCardano(ADA)$0.74-0.43%
  • tronTRON(TRX)$0.265510-0.17%
  • suiSui(SUI)$3.81-0.02%
  • chainlinkChainlink(LINK)$15.721.38%
  • avalanche-2Avalanche(AVAX)$22.10-1.68%
  • stellarStellar(XLM)$0.284120-1.31%
  • hyperliquidHyperliquid(HYPE)$26.360.01%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.68%
  • hedera-hashgraphHedera(HBAR)$0.191283-0.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.680.13%
  • bitcoin-cashBitcoin Cash(BCH)$391.07-1.90%
  • the-open-networkToncoin(TON)$3.01-3.56%
  • litecoinLitecoin(LTC)$98.77-0.26%
  • polkadotPolkadot(DOT)$4.57-2.04%
  • moneroMonero(XMR)$343.950.67%
  • bitget-tokenBitget Token(BGB)$5.191.90%
  • pepePepe(PEPE)$0.000013-0.18%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-1.24%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.920.04%
  • aaveAave(AAVE)$239.996.35%
  • bittensorBittensor(TAO)$405.71-2.64%
  • nearNEAR Protocol(NEAR)$2.74-0.72%
  • aptosAptos(APT)$5.140.86%
  • okbOKB(OKB)$52.22-0.99%
  • ondo-financeOndo(ONDO)$0.92-0.47%
  • ethereum-classicEthereum Classic(ETC)$18.400.99%
  • kaspaKaspa(KAS)$0.106269-3.67%
  • internet-computerInternet Computer(ICP)$5.17-0.66%
  • gatechain-tokenGateToken(GT)$21.40-0.78%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-1.42%
  • crypto-com-chainCronos(CRO)$0.095688-2.05%
  • mantleMantle(MNT)$0.73-0.81%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231400-2.13%
  • vechainVeChain(VET)$0.027856-1.30%
  • render-tokenRender(RENDER)$4.54-0.38%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • ethenaEthena(ENA)$0.361581-3.23%
  • filecoinFilecoin(FIL)$2.850.00%
  • algorandAlgorand(ALGO)$0.220517-0.29%
  • arbitrumArbitrum(ARB)$0.3881711.37%
  • bitcoinBitcoin(BTC)$105,102.450.61%
  • ethereumEthereum(ETH)$2,507.883.11%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.37-0.68%
  • binancecoinBNB(BNB)$648.510.67%
  • solanaSolana(SOL)$165.56-1.83%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.223465-1.06%
  • cardanoCardano(ADA)$0.74-0.43%
  • tronTRON(TRX)$0.265510-0.17%
  • suiSui(SUI)$3.81-0.02%
  • chainlinkChainlink(LINK)$15.721.38%
  • avalanche-2Avalanche(AVAX)$22.10-1.68%
  • stellarStellar(XLM)$0.284120-1.31%
  • hyperliquidHyperliquid(HYPE)$26.360.01%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.68%
  • hedera-hashgraphHedera(HBAR)$0.191283-0.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.680.13%
  • bitcoin-cashBitcoin Cash(BCH)$391.07-1.90%
  • the-open-networkToncoin(TON)$3.01-3.56%
  • litecoinLitecoin(LTC)$98.77-0.26%
  • polkadotPolkadot(DOT)$4.57-2.04%
  • moneroMonero(XMR)$343.950.67%
  • bitget-tokenBitget Token(BGB)$5.191.90%
  • pepePepe(PEPE)$0.000013-0.18%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-1.24%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.920.04%
  • aaveAave(AAVE)$239.996.35%
  • bittensorBittensor(TAO)$405.71-2.64%
  • nearNEAR Protocol(NEAR)$2.74-0.72%
  • aptosAptos(APT)$5.140.86%
  • okbOKB(OKB)$52.22-0.99%
  • ondo-financeOndo(ONDO)$0.92-0.47%
  • ethereum-classicEthereum Classic(ETC)$18.400.99%
  • kaspaKaspa(KAS)$0.106269-3.67%
  • internet-computerInternet Computer(ICP)$5.17-0.66%
  • gatechain-tokenGateToken(GT)$21.40-0.78%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-1.42%
  • crypto-com-chainCronos(CRO)$0.095688-2.05%
  • mantleMantle(MNT)$0.73-0.81%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231400-2.13%
  • vechainVeChain(VET)$0.027856-1.30%
  • render-tokenRender(RENDER)$4.54-0.38%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • ethenaEthena(ENA)$0.361581-3.23%
  • filecoinFilecoin(FIL)$2.850.00%
  • algorandAlgorand(ALGO)$0.220517-0.29%
  • arbitrumArbitrum(ARB)$0.3881711.37%