Uniswap founder: Ethereum L2 shouldn’t focus on immutability until L1 is ready
On June 10, Hayden Adams, founder of Uniswap, said in an article on the X platform yesterday that the L2 chain focusing on Ethereum expansion should not focus on immutability (the ability to retain an unchanged and unchangeable transaction ledger) until the Ethereum blockchain is ready. Adams said that Ethereum L2 should not be immutable. It has been 10 years, and L1 is not ready to be immutable. It is "meaningless" to expect the L2 network to "never upgrade again or force large-scale migration." He explained that if some migrate and some do not, the nature of users and applications connecting to each other on the L2 chain will destroy composability. The Ethereum Foundation has said that the L2 chain is its expansion plan. Adams responded that the entire plan to expand Ethereum is 'L2', and we either make them work or change the roadmap (I tend to prefer the former). Calling them money grabs (or) saying that they need to be immutable does not change this. They are expensive to build, and L1 does not provide funding for this work.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%