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TheBlock 2021-03-31 16:07:33

An Overview of Ethereum’s Layer 2 Ecosystem

Quick takeWith the rise in popularity of DeFi applications, the Ethereum network has become increasingly congested, with common transactions costing up to $100 in gas.Early attempts at scaling on layer 2 struggled to gain traction, largely due to limited security and usability of previous implementations.Rollups can inherit security and usability almost completely from layer 1, and may be poised for significant adoption in 2021.

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