Are Layer 2s Failing Ethereum? A New Proposal Advocates for Native L2s - Ep. 736
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Native roll ups means that Ethereum just deploys a bunch of roll ups themself. They would have the full trust and the full brand essentially of Ethereum behind them, and they would be developed in a way that's highly interoperable with l one.
Hi, everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin, author of the Cryptopians. I started covering crypto 9 years ago, and as a senior editor at Forbes, was the 1st machine reader reporter to cover cryptocurrency full time. This is the November 19, 2024 episode of Unchained. Polkadot is the original and leading layer 0 blockchain with over 2,000 plus developers, and the Polkadot 2.0 upgrade will be a massive accelerator for the ecosystem, making it faster, more secure, and adaptable. Perfect for GameFi and DeFi to build, grow, and scale. J
Thanks for having me. Hello.
You gave a talk at DevCon about how you believe that Ethereum should deploy a 128 native zero knowledge layer twos, and this, you know, created quite a stir. But before we get into your proposal, why don't we start with what problems we're trying to solve? Yeah.
So, I mean, I think the current Ethereum scaling roadmap is only accomplishing parts of its goals. So, of course, history was there was initially the idea to have sharding. So kind of say, okay, we have we have Ethereum, but then we have basically just have many versions of it, and they communicate nicely together. That never well, couldn't really figure out how to how to build that. So the, the approach now since a couple of years is so called roll up centric approach where you have Ethereum, but then you have roll ups. So roll ups are layer twos built on top. And that is that has been a succ
Alright. So tell us what your solution is.
Yeah. So roll ups today, again, are somewhat separate chains that have, yeah, have some form of how you can communicate with Ethereum and most importantly, bridge assets there. But other than that, they operate fairly independent. So, yes, there are some mechanisms that the roll up eventually finalizes or it's state on on Ethereum, and there are ways that you can force include the transaction, from Ethereum, to to the roll up. But in general, kind of they can progress differently. So there's a roll up that that they usually have very fast plot times, and then there's Ethereum. And and the 2 ar
Yeah. It's interesting because people always say that the layer twos are secured by Ethereum. But, basically, what you're proposing these particular layer twos would they would have, like, much greater security just by virtue of going through the same process to even be deployed. One other piece of this is, you know, you're proposing that there be a 128 native layer twos. Why that particular number as opposed to, for instance, a smaller number? I
mean, the goal is is is simply to say or to make Ethereum block space that is in in in high demand. And and, of course, with the consequence, that transaction costs are really high, to to, yeah, create as as much as possible of that block space. The number at the 128 comes from the limitation that Ethereum still would have even in that design. So in general, the goal would be to to to get that number as high as possible. So in in early sharding in early sharding proposals a couple of years ago, there was even talk about 1,024 equivalent kind of Ethereum at once. So I would like to go even to t
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