Is Ethereum Layer 2 Enough for Blockchain Mass Adoption Ethereum is the most preferred platform for smart contracts. But as everybody knows, its major problem is scalability; which sees an increase in demand towards dApps and DeFi products that cause congestion on Ethereum resulting in hefty costs and slow transactions. However, layer 2 solutions have now emerged as remedies, but are they sufficient enough for mass adoption on the Ethereum network, or rather only a stop-gap remedy? This piece would discuss how Ethereum stands regarding the Layer 2 scalability of blockchain technology and if this should bring blockchain technology to…
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