Are Current Ethereum Layer 2 Networks Cheap Enough?

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Are Current Ethereum Layer 2 Networks Cheap Enough?
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Rollups are significantly reducing fees for many Ethereum users, says VitalikButerin. But they'll need to be even cheaper to encourage wider adoption. TedDeFi reports.

, “Rollups are in the short and medium term, and possibly in the long term, the only trustless scaling solution for Ethereum.” Plenty of alternative layer 1 blockchains have looked for expandable systems outside of vertical rollups but have sacrificed liveliness, state growth and more, something the Ethereum developer community has taken a strong stance against.

Even without token subsidies, these rollups have seen significant adoption and are highlighting the demand for cheaper access to Ethereum. Arbitrum, for example, currently has over $2 billion in total value locked and is home to a DeFi ecosystem that is beginning to show some promise. However, Buterin believes rollup fees must be even cheaper if they are going to encourage adoption in payments, gaming, and Web 3-focused products.

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