Major Ethereum L2 Projects Ready to Sacrifice Revenue for Network Unity

Ethereum Layer 2 Solutions Prioritize Network Unity Over Revenue

  • Major Ethereum Layer 2 platforms considering implementation of based rollups for enhanced network unity.
  • Base executive indicates based rollups will strengthen security and Ethereum connectivity.
  • Layer 2 platforms ready to forego substantial fee revenue for network improvement.
  • Native rollups proposed as solution to reduce network fragmentation.
  • Optimism Foundation supports integration for improved base layer collaboration.

Leading Ethereum scaling solutions are prepared to sacrifice hundreds of millions in fee revenue to implement based rollups, prioritizing network cohesion and security improvements over short-term financial gains.

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Based Rollups: A New Integration Approach

Base executive Jesse Pollak expressed support for based rollups during a January 25 developer call with Ethereum founders.

Based rollups represent a technical framework that allows Layer 2 networks to maintain closer integration with Ethereum’s main network while enhancing security parameters.

Financial Impact and Technical Benefits

The implementation of based rollups would require Layer 2 platforms to modify their fee collection mechanisms, potentially reducing their revenue streams.

However, this sacrifice aims to create a more unified Ethereum ecosystem, addressing current network fragmentation issues that have emerged as multiple scaling solutions operate independently.

Industry Support Growing

Ben Jones, Director at the Optimism Foundation, reinforced the initiative’s importance, highlighting how based rollups could strengthen the relationship between Ethereum’s primary network and its scaling solutions.

This alignment among major Layer 2 platforms suggests a coordinated effort to improve Ethereum’s scalability while maintaining network cohesion.

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Layer 2 solutions are blockchain networks built on top of Ethereum that process transactions independently while inheriting the main network’s security. Based rollups represent an enhanced version of this technology that maintains stronger connections to Ethereum’s base layer.

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