A portion of the Ethereum neighborhood is pressuring the Ethereum Basis to make selections which will “break the total social cloth” of the sensible contract community by limiting Ethereum’s layer-2 (L2) networks, Polygon co-founder Sandeep Nailwal stated.
Talking throughout a March 28 episode of Cointelegraph’s Chain Reaction present on X, the Polygon founder stated that he has solely seen this sort of strain and anti-L2 rhetoric throughout the present market cycle amid suppressed price action for Ether (ETH).
— Cointelegraph (@Cointelegraph) March 28, 2025
“Everyone understands that if Ethereum doesn’t survive, the layer-2s gained’t survive,” Nailwal stated, including:
“The Ethereum neighborhood mustn’t strain the builders sufficient — I shouldn’t be capable of strain the builders sufficient — for worth actions and all that, they might find yourself making a choice that utterly breaks the social cloth of Ethereum.”
The Polygon co-founder praised Vitalik Buterin’s management and his more active role in the Ethereum Foundation, saying he has been the greatest pressure in holding Ethereum’s ecosystem cohesive.
Nailwal characterised Buterin as the “DNA” of the community that has attracted many proficient builders over the years who’re constructing layers on high of the Ethereum base layer.
The full worth secured throughout Ethereum’s scaling options. Supply: L2Beat
Associated: Getting crypto out of the ‘AOL era’ — Sandeep Nailwal
Settlement layers vs execution layers
In response to Nailwal, the layer-1 vs layer-2 dichotomy is the fallacious approach to consider blockchain networks.
The Polygon founder outlined solely two settlement layers in all of crypto, Bitcoin and Ethereum, with all different crypto networks being execution layers.
In the future, nearly each application will have its own blockchain to keep away from paying gasoline charges and can put up closing transactions to at least one of these settlement layers, Nailwal stated.
Ethereum’s base layer will profit from this explosion of execution layers, accruing worth from these closing settlements and selling the long-term progress of the ecosystem, which can at some point be seamlessly interoperable.
Ethereum base layer charges drop following the Dencun improve. Supply: The Tie Terminal
Critics of Ethereum’s execution layers say that the scaling networks are at present cannibalizing the base layer, which culminated in a 99% drop in Ethereum L1 revenue by September 2024.
Nailwal concluded that as a consequence of these variations between settlement and execution layers, no different crypto community is actual competitors for Ethereum besides the Bitcoin community.
Nonetheless, the solely approach the Bitcoin community could be a menace to Ethereum is that if it adopted extra superior scripting choices that give it dependable, sensible contract performance like Ethereum, Nailwal stated.
Journal: Ethereum L2s will be interoperable ‘within months’: Complete guide