Vitalik hopes that by 2024 there will be 10 Layer 2 solutions that have reached Stage 1.
Ethereum co-founder Vitalik Buterin recently defined a decentralization phase for L2, which helps the public understand the current development status of L2 and promotes the decentralization goals of L2.
OP will move towards the second stage of L2, following Vitalik's L2 decentralization roadmap.
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L2BEAT Updates "L2 Phase" Status
On the L2 data website L2BEAT, the progress of L2 has been updated according to Vitalik's definition. Vitalik expressed his satisfaction with seeing a definite "Stage 1" Rollup Arbitrum and many Rollups close to "Stage 1."
He also hopes that by 2024, there will be 10 L2s reaching "Stage 1," with an increase in centralization on the sequencer.
L2BEAT: L2 Comparison Based on Conditions
L2BEAT evaluates L2 based on different conditions, including risk, type, stage, purpose, TVL, and market share.
- Risk: State verification, sequencer failure, proposer failure, submission window, data availability DA
- Stage: Stage 0~2
- Type: Optimistic/ZK Rollup, Validium, etc.
- Purpose: General, transactions, NFT, etc.
- TVL Total Value Locked: Value of assets on-chain
- Market Share: Overall L2 asset value share
Currently, in terms of stage, risk score, and TVL, ARB surpasses OP. However, OP recently announced its move towards Stage 1, quickly increasing its market share. Additionally, Metis, jokingly referred to as the meme coin of L2, has rapidly increased in value recently, even surpassing Base. However, Metis has a high-risk coefficient across the board.
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