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Devs introduce Ethereum R1 layer-2 scaling solution

Coin Telegraph LogoCoin Telegraph14h ago

Devs introduce Ethereum R1 layer-2 scaling solution - Coin Telegraph

Quick Summary:

Source: Token TerminalWhile critics continue to argue that this provides perverse incentives for layer-2 networks to grow at the expense of the base layer, protocols continue to argue that Ethereum's many layer-2 networks are a feature, not a bug.

The announcement points to increasing concerns within the Ethereum community regarding the current direction of many layer-2 scaling solutions, which some view as potentially misaligned with the interests of the base layerRelated: Ethereum community members propose new fee structure for the app layerEthereum's L2-centric approach: unique value proposition or exploitation?

Ethereum's transaction fees are determined by demand and network traffic — higher demand and network traffic translate into higher fees for the base layer and more revenue.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 17:17:47 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 356 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28311113

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 36 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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  • URL: https://chaosandpain.beamstart.com/news/devs-introduce-ethereum-r1-layer-17461165105858

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