Understanding the Pros and Cons of Various Ethereum L2 Solutions, Tailored Strategies May Be the Best Development Approach

Currently, Ethereum's problem is that the more users it has, the slower Ethereum becomes and the higher the usage costs. The increasingly deteriorating user experience has attracted important competitors such as Binance Smart Chain (BSC), Solana, and Polkadot to vie for the smart contract platform throne. Ethereum's continued dominance depends on its ability to increase throughput and reduce fees. Even if advanced Ethereum users have no interest in terms like ZK-Rollups, Sharding, or Plasma, the future of the world's most active blockchain depends on these.