Why L2s Are the Key to Onboarding Billions | Dr. Jan Gorzny @ Quantstamp | #232
The Milk Road Show
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The Importance of Layer 2 Solutions for Scaling Blockchain Networks
In this chapter, the speakers emphasize the need for Layer 2 solutions to handle more transactions and alleviate congestion on layer one blockchains. They discuss the limitations of current transaction speeds on Ethereum and compare it to traditional payment processors. The chapter also addresses the challenges of maintaining security while scaling and mentions potential issues with bridge hacks and roll-ups in the future.
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