โ๏ธWhich Layer 2 approach is for you?
Here we will paint an overview of Layer 2s for developers deciding to build their own chains, scale Ethereum, or make a transition to Layer 2.
Why do you need to consider this?๐ค
Different applications need different levels of security, decentralization, or scalability. Based on their demands there are at the moment different approaches to moving into blockchain-based platforms. ๐
Take non-financial platforms such as gaming ๐ฎ or social media ๐ฑ, for instance:
These realms thrive on decentralization, yet their security needs are not one-size-fits-all. Consider the diverse facets of a social media app:
Critical functions like registering usernames ๐ and recovering accounts demand robust security, ideally managed through a rollup.
On the other hand, everyday actions like posting ๐ฌ or voting ๐ can afford a lighter security touch.
Why?
Because the stakes are different. If a glitch in the chain makes a post vanish, it's a minor hiccup ๐.
But if the same glitch locks you out of your account, it's a crisis ๐จ.
This nuanced approach to security ensures that each aspect of the app receives the attention it deserves, balancing efficiency with safety.
Vitalik summed it up efficiently using the following scale:
What to expect?
We will discuss each Layer 2 solution with examples and ups and downs and guide you to more in-depth resources regarding each of them ๐.
We will have a special focus on transaction cost ๐ฐ, and the applications of these Layer 2 options, to help you with your decision-making ๐ค.
Then let's begin, click next for the first solution! ๐
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