Ethereum co-founder Vitalik Buterin believes that layer 3 will be very important in the future, and shares three visions of its use cases.
It could play a huge role in referencing privacy-based applications which would make use of zk proofs to submit privacy.
Ethereum co-founder Vitalik Buterin has in a recent post observed that the concept of layer 3 is usually in the layer 2 scaling discussions. In brief, Buterin stated that the layer 2 solution is much more focused on hyper-scale in the network. However, layer 3 would provide customized functionality. According to him, consideration for layer 3 is very important because it plays different functions from layer 2.
A three-layer scaling architecture that consists of stacking the same scaling scheme on top of itself generally does not work well. Rollups on top of rollups, where the two layers of rollups use the same technology, certainly do not. A three-layer architecture where the second layer and third layer have different...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...