Optimism has stated that at some time in the future they will move to a decentralized solution. But they do not have any real plans for how this is done (they are focused on getting something working).
The problem I see is that if they indeed do move to a decentralized solution in the future they will hit the same bottlenecks on transaction throughput & fees that the primary ETH chain is experiencing. Maybe they can make that optimistic sidechain 10x cheaper than the primary ETH chain, but even if they do that it will still run out of room pretty quick. What is needed is a 10,000x to 100,000x improvement in costs (fees) to allow it to scale to the masses - and I just do not see this with the optimism design.
So Anthony, a discussion of how much these L2 solutions could actually scale to would be nice to have....
Hi Anthony,
Curious where you and others see the wind blowing:
Optimism?
Polygon?
Multiple L2s with adoption?
Optimism has stated that at some time in the future they will move to a decentralized solution. But they do not have any real plans for how this is done (they are focused on getting something working).
The problem I see is that if they indeed do move to a decentralized solution in the future they will hit the same bottlenecks on transaction throughput & fees that the primary ETH chain is experiencing. Maybe they can make that optimistic sidechain 10x cheaper than the primary ETH chain, but even if they do that it will still run out of room pretty quick. What is needed is a 10,000x to 100,000x improvement in costs (fees) to allow it to scale to the masses - and I just do not see this with the optimism design.
So Anthony, a discussion of how much these L2 solutions could actually scale to would be nice to have....