Part of the Ethereum community puts pressure on the Ethereum Foundation to make decisions that can “break the entire social fabric” in the network of intelligent contracts by restricting layer 2 (L2) networks of Ethereum, said the co-founder of Polygon, Sandeep Nailwal.
Speaking during an episode of March 28 of the Cintelelegraph chain reaction emission on X, the founder of Polygon said that he had not seen this type of pressure and anti-L2 rhetoric during the current market cycle in the middle of the price deleted price for ether (ETH).
“Everyone understands that if Ethereum does not survive, the layer-2 will not survive,” said Nailwal, adding:
“The Ethereum community should not put pressure on the developers – I should not be sufficiently able to put pressure on the developers – for price movements and all this, they can end up making a decision that completely breaks the social fabric of Ethereum.”
The co-founder of Polygon praised the leadership of Vitalik Buterin and its more active role in the Ethereum Foundation, saying that it was the greatest force to keep the cohesion of the Ethereum ecosystem.
Nailwal characterized Buerin as the “DNA” of the network which has attracted many talented developers over the years who build layers above the Ethereum base layer.
The total value set in the Ethereum scaling solutions. Source: L2beat
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Rules of payment VS execution layers
According to Nailwal, the Layer-1 dichotomy against layer 2 is the wrong way to think of blockchain networks.
The founder of Polygon has only defined two layers of settlement in all crypto, Bitcoin and Ethereum, all other cryptographic networks being execution layers.
In the future, almost all applications will have its own blockchain to avoid paying gas fees and will display final transactions at one of these regulations, said Nailwal.
The base layer of Ethereum will benefit from this explosion of the execution layers, accumulating the value of these final establishments and promoting the long -term growth of the ecosystem, which will one day be transparent.
Ethereum base layer fees drop after Dencun upgrade. Source: The tie terminal
The criticisms of Ethereum’s execution layers claim that the Cannibalize the basic layer networks, which resulted in a 99% drop in Ethereum L1 income by September 2024.
Nailwal concluded that due to these differences between the settlement and execution layers, no other crypto network is real for Ethereum except the Bitcoin network.
However, the only way in which the Bitcoin network could be a threat to Ethereum is if it has adopted more advanced script options that give it intelligent and intelligent contract features like Ethereum, said Nailwal.
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