
Ethereum News
Scroll founder suggests taxing layer- 2 networks is danger to Ethereum’s values
Ye Zhang, the co-founder of Ethereum layer- 2 network Scroll, has pushed back versus ask for Ethereum to enforce costs on layer- 2 networks.
Zhang suggested in an outlined social media post on April 2, that the proposition was damaging to Ethereum’s long-term vision. He called it a “toxic” technique that focuses on short-term earnings over long-term community worth.
According to Zhang, Ethereum’s toughness lies not in drawing out fees from rollups however ready ETH as the central possession throughout several Layer- 2 (L 2 ecosystems. He argued that straining these networks mirrors corporate actions and runs counter to the concepts of decentralization that Ethereum means.
He emphasized that Ethereum’s value need to not be determined by protocol revenue. Instead, the network needs to be taken into consideration an economic foundation for an expanding rollup-centric community.
He kept in mind:
“ETH’s actual strength isn’t in procedure costs– it remains in becoming the hub possession throughout hundreds of rollup communities. That’s the future.”
Zhang discussed that ETH’s benefit is its presence across major L 2 systems like Base, Arbitrum, Optimism, zkSync, and Scroll. Also on networks like StarkNet, that don’t use ETH for gas, he noted that the electronic possession remains an essential trading set on decentralized exchanges.
Ethereum’s future
Considering this, Zhang described 2 feasible directions for Ethereum. In one scenario, ETH advances into a trusted store of value and a central hub for rollup task.
According to Zhang:
“Every straightened L 2 expands Ethereum’s surface area and social consensus. A thousand scalable rollups with ETH as the facility > > any monolithic chain.”
On the various other hand, Ethereum might become concentrated on exhausting L 2 activity, which can drive them toward alternate data accessibility layers and lower ETH’s influence in the broader blockchain landscape.
To avoid this, Zhang prompted the community to concentrate on scaling execution and improving data schedule framework.
He required a 1000 x improvement in blob ability and urged developing out shared tools like cross-rollup liquidity bridges and interoperability services.
Zhang ended:
“ETH wins by being the gravity, not the toll cubicle.”
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