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pa7x1 | 1 year ago
See Ethereum scale day by day (today Ethereum is doing 160 tps, more than 10x its initial throughput): https://l2beat.com/scaling/activity
You can now settle your transactions on rollups for mere cents: https://fees-growthepie.streamlit.app/
Neat dashboards regarding blob usage: https://dune.com/hildobby/blobs
What's coming... With the current number of blobs Ethereum will likely be able to do up to ~500 tps on average. ~1000 tps in burst mode. But in coming upgrades the blobs will be sharded through Data Availability Sampling, allowing validators to verify only a subset while being sure that the rest of blobs are validated and available by the rest of the network. This will allow to scale Ethereum up to 256 blobs. Which will give Ethereum a throughput of around ~100K tps.
pavon|1 year ago
dinobones|1 year ago
Also, have folks invented a cheap/fast way of going from L2 <-> L2 without having to do an L1 tx?
I fear that L2s may never be adopted due to network segmentation, but if it's possible for all L2s to interchange with each other cheaply, then it's just as good as L1 IMO.
everfree|1 year ago
https://ethresear.ch/t/from-4844-to-danksharding-a-path-to-s...
To transfer assets from L2 to L2, of course the naive implementation is to use a centralized intermediary, of which there are currently many that are reasonably priced. There are ways to go between zk-L2s without any central broker in theory; I’m not sure whether that’s also true of optimistic-L2s.
chrisco255|1 year ago
There are bridge providers like Connext (https://www.connext.network/), Hop (https://portal.arbitrum.io/projects/bridges-and-on-ramps?pro...), LayerZero (https://layerzero.network/) etc that provide liquidity across L2s to make it simple and cheap for common assets like USDC, ETH, etc.
Attempts to do this trustlessly without relying on a liquidity provider do exist, but they're not mature enough to mention yet. They usually rely on zk proofs to validate that an asset was bridged from one chain to another.
L2s are presently already supporting more activity than L1, with 4 L2s regularly doing more TPS than L1. Agreed that fragmentation is a concern, but I think we'll get there soon where the UX is abstracted away for users and the assets flow cheaply.
TimJRobinson|1 year ago
chrisco255|1 year ago
The "growthepie" link above wasn't working in my browser due to "lack of WebGL support".