Home
News Detail

Your company may not need its own L2

Source: CoinWorld
Although there are more than 150 existing Ethereum Layer-2 networks, companies like Robinhood are still continuing to build their own Layer-2 networks because they are cheaper and have the advantages of ecosystem integration than building independent Layer-1 blockchains. While centralized Layer-2 networks can control prices and access, they have to buy Ethereum mainnet transaction space, although the fees are still low – for example, Base’s settlement fee for June was $50,000 and revenue was $4.9 million. Despite the controversiality of fee equity, Layer-2’s economic appeal remains strong, even if fees may rise in the future.
Link copied to clipboard