Vitalik Buterin criticizes Ethereum ‘copy-paste’ L2 chains, states the rollup justification is diminishing
Vitalik Buterin, a co-founder of Ethereum, has reiterated his concerns about the Layer 2 ecosystem, cautioning that the industry seems to be stuck in a cycle of imitation rather than innovating new infrastructure. He made these remarks in a post on X recently. Buterin pointed out that creating “another EVM chain with an optimistic bridge […]
ZKsync Plans to Phase Out Its Initial Ethereum Rollup Next Year
Simply put ZKsync has announced it will phase out its Lite network by 2026 as part of an ongoing transition. Current estimates from L2BEAT indicate that Lite’s funding is around $50 million. The focus of all future development will be on the zkEVM system and ZK stack. ZKsync, an Ethereum scaling solution by Matter Labs, […]