The Merge is coming, but what does that mean for L2? Experts share their thoughts on the potential impact. (Reporting via _prashantjha)
blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work chain, eliminating miners from the ecosystem.
The scalability fixes are meant to arrive after the completion of the third phase, which would introduce sharding, a form of parallel processing that Ethereum founders and developers have claimed would increase Ethereum’s transaction throughput exponentially. “It will be business as usual for L2s. These solutions still have key value for short, medium and long-term scalability. L2s will still be needed to fulfill the growing demand and usage of blockchains across the globe. Even 100,000 transactions per second would not be sufficient to meet true global demand and adoption.”
“While the merge does pave the way for sharding, this future upgrade will not be enough to scale Ethereum. In fact, Polygon will benefit from it, and it will boost the performance of our scaling solution.”Many people are wondering how L2 ecosystems fit into the picture, given that Ethereum is leveraging the Merge to build its infrastructure. L2 integrations have boosted Ethereum’s performance for a while now.
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