Ethereum (ETH) Foundation researches Layer 2 'One-Chain' technology… aims to resolve fragmentation

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JH Kim
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Summary

  • The Ethereum (ETH) Foundation said it is conducting new technology research to resolve fragmentation of the Layer 2 ecosystem.
  • It said the researched Interop Layer aims to alleviate lack of cross-chain compatibility, fragmented liquidity, and user migration cost issues.
  • It said that if the technology is introduced, various Layer 2s are expected to operate like a single chain, providing a consistent experience for both app developers and users.

The Ethereum (ETH) Foundation is conducting research on a new technology that makes the Layer 2 (L2) ecosystem operate like a single chain.

On the 18th (local time), according to crypto-focused media The Block, Ethereum Foundation researchers are reviewing a new structure called the 'Interop Layer' to solve liquidity and user experience fragmentation between Layer 2s.

The technology aims to mitigate problems such as lack of cross-chain compatibility, fragmented liquidity, and complex user migration costs that have arisen as Layer 2 networks proliferate under Ethereum's scaling roadmap.

If the Interop Layer is implemented, various Layer 2s are expected to operate like a single blockchain, providing a consistent experience for both app developers and users.

Industry interest is increasing as the possibility of resolving structural issues in the Ethereum ecosystem has been raised.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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