A recent proposal (EIP-9698) by Dankrad was made to exponentially raise the gas limit on the L1....: risk destroying the value prop for L2s Don’t scale the L1: risk the L1 failing and ETH becoming worthless...“Scaling the L1 will rug the rollups”. Yes, it will. But to a degree....this subject as it pertained to scaling the L1 even in a rollup-centric world.

...is much to unpack on the technical side and some early indications that Keeta could be the next big L1...overview of Keeta Network, explore some features and use cases that make it more than just another L1...time (sub-second), whereas a network like Solana often targets ~2–3 second confirmation and Ethereum L1...

Unichain is in fact a general-purpose L2 designed under the Uniswap brand....Jon Charbonneau has a good primer for further context on the topic: https://dba.xyz/l1-l2-token-value-capture...Take L2 tokens for example.....” ~ John Maynard Keynes Crypto markets have a tendency to act irrational quite often – L1/L2 valuations...

It also acts as the liquidity layer through InitiaDEX + Enshrined Liquidity, providing fast L2 → L1 token..., the L2 INIT → L1 INIT transfer happens via Minitswap, working like a standard IBC transfer....Minitswap— Since L2 INIT (INITx) isn’t directly usable on L1, it’s instantly swapped for native INIT...

Block Building The L2 blocks are significantly smaller, containing fewer transactions, than the L1 blocks...After producing a number of L2 blocks, they are chained together to form a single L1 block which is then...Batch overhead, expenses associated with proving each batch, include both L1 costs and L2 costs.

Examples like Uniswap (Unichain L2) and dYdX (dYdX L1) come to mind....Validators are now managed independently by each L1....All staking-related operations for the Avalanche L1 are handled by the L1’s validator manager....Any assets on the Avalanche L1 will be solely under the purview of the L1.

Ethereum is slowly but progressively increasing the L1 gas limit....second by 2025, Fuel’s new Redacted project aims to reach giga gas throughput with 150K TPS, Sei, an L1...For 2025 we need Fusaka on L1 with PeerDAS, ideally with 48/72 blob target/limit Let’s aim to get a Fusaka...But that is the time most high throughput L2 teams do not have to spare.

These are supposed to bring innovation and add functionalities which are not possible on the L1....Apps that move their users to their own L2 or L1 in a zero sum way are obviously moving revenue of the...L1....MegaETH is not trying to be another generic general-purpose L2.

...rollup roadmap: theory – issue assets on eth l1, bridge to l2. can escape hatch back to L1 if needed...practice – issue asset on l2, trade it on another l1 through a third party PoA bridge — ceteris (@ceterispar1bus...L2 Wars”....the ultimate vision for what belongs on L1 and what belongs on L2?”.

ZKsync Era is an L2 zkEVM leveraging ZK proofs to scale efficiently....And Era laid the foundation of the Elastic Network, since the ZKsync L1 bridge contract was reconfigured...is onchain and borderless, WonderFi Labs is spearheading the strategic pivot to build the WonderFi L2...

Misaligned Economic Incentives: The L1/L2 Premium Beyond technical hurdles, the economic incentives themselves...Market dynamics consistently reward infrastructure over applications, with launching an L1 or L2 chain...Consider the pattern: Uniswap launched an L2, Ethena is building an L1, and dYdX migrated to its own...

Ethereum Virtual Machine (EVM) has been a category definer, powering Ethereum and many of crypto’s biggest L1...and L2  protocols, as well as the apps built on top of them....FuelStreamX steps in – a system for passing ZK-proof verified messages from the sequencer chain to Ethereum L1...or L2.

Celestia’s value prop is: “We already scaled the L1....If Celestia becomes the default infra for 50% of all L2 throughput in the near future, that’s a massive...Base doesn’t talk to Arbitrum natively because Ethereum L1 is too slow....Ethereum just needs to make a commitment to scale massively, both the L1 and L2s.

Recently, the network recorded industry-leading L1 block times as fast as 122 milliseconds. ...With a ~45% reduction in latency from 220 ms to under 125 ms today, Aptos is currently the fastest L1...and Morph Becoming the trusted aggregation layer for native BTC, wrapped BTC, BTC LSTs, and Bitcoin L2...

Stack, Orbit) but mostly deployed lookalike rollups with little customization and weak alignment to L1...Ecosystem Design and Incentives Initia L1: coordination + enshrined infra (DA, messaging, liquidity,...Rollups submit blobs to L1; can be challenged, rolled back if malicious....Users vote (Gauge system) → align L1 + L2 incentives.

HotShot enables participation from restaked L1 validators....multiple investment products like DeFi strategies and a credit card service, and Swell developing an L2...The possibility for users to actually restaked *from* their preferred L2 directly; for example, this...

This report also dives into the recent growth of Base, an Ethereum Layer 2 (L2) incubated by Coinbase...In the ~1 year the chain has been live, it has positioned itself at the forefront of the L2 space....The rise in tokenized treasuries has mainly been on the Ethereum L1, surpassing $1.5B. ...However, Base is not the only L2 where users are seeing reduced fees.

...committed at various stages of the funding cycle, indicates significant weight being put behind Bitcoin L2...02/2024 – 08/2024 In less than 2 years, over $53M in settlement fees have been paid to the Ethereum L1...Proof Verification Design: The proof verification mechanism is handled by the Mainchain, an L1 built...

As an optimized, modular L1 specialized in ZKP verification, zkVerify offers developers simplicity and...STARK-proofs are often too large and too computationally intensive to be verified on the L1, like Ethereum...Waiting for proof aggregation or converting ZKPs to submit them to the L1 is no longer necessary.

They may be in infrastructure assets, akin to the L1 trade we’ve seen in the past....— amid the broader “Alt L1 trade” and thanks to its “Sam coin” status....not be the future of france. — ceteris (@ceterispar1bus) November 1, 2024 Ethereum and its fragmented L2...In recent years, Anatoly has put on a masterclass in how to lead a L1.