Understanding L1 and L2 Blockchain Solutions
Vitalik Buterin, one of the minds behind Ethereum, shared insights into the distinction between L1 and L2 blockchains. He expressed doubts about the strategy of simplifying the first layer at the expense of increasing the workload on the second layer.
Criticism and Response
Buterin's remarks came in response to criticism from another user who questioned the wisdom of widespread adoption of L2 solutions. Buterin indicated a shift in his confidence regarding the strategy of simplifying L1 solutions by burdening L2. While errors in L1 solutions may lead to complexity, L2 bugs could result in significant financial losses.
Balancing Complexity
Buterin suggested transferring certain complex functions to L1 to simplify the code of L2 solutions. This, he believes, could mitigate potential risks associated with L2 bugs.
Continued Discussion
This isn't the first time Buterin has discussed the disparity between the two layers. Previously, he proposed his classification of L2 solutions, indicating ongoing considerations within the blockchain community regarding the optimal balance between L1 and L2 functionalities.