According to the Defi Report, Ether Rim (Ether) must solve the expansion constraints to maintain the growth of the layer -2 (L2) network and to avoid future transaction bottlenecks.
In a recent report, as L2 Networks expands user adoption and transaction processing, competition for limited blobs of Ethereum can increase costs and damage the network’s extensive scaling roadmap.
Ether Lee Rium supports L2 through the inexpensive data storage mechanism “Blove” introduced with Etherrium Improvement Proposal 4844 (EIP-4844). However, three target doses per block are inappropriate.
Even after upgrading upgrades of the upgrades, we will raise the target per block into six stains. The expansion of Rapid L2 predicts that it can surpass the available bandwidth.
According to the simulation, if the transactions of 10 times per second, such as basic, intervention and optimism, increases, transaction fees can be reached at an unparalleled level, reaching $ 0.64 per transaction.
Planning upgrades such as peerdas and fusaka are expected to expand the BLOB capacity further, while Ethereum requires at least 33 blobs per block to maintain L2 transaction costs below $ 0.02.
Without these upgrades, Ethereum is at risk of congestion that can threaten the survival of the L2 -centric scaling strategy.
Based as a case study
BASE, a layer-2 blockchain of Coinbase, provides practical examples of opportunities and tasks inherent in Ether Lee’s current model. Since its launch, BASE has earned more than $ 155 million in user fees and more than 155 million shares, and connects 1.6 million ETH, which accounts for 1.6%of Ethereum’s circulation supply.
The basic applications generated $ 768 million in cumulative fees, reflecting significant user demand and network activities.
BASE donated about $ 4.5 million in BLOB and payment fees to Ethereum’s Layer-1 Validators from the beginning, emphasizing the intended economic synergy between L2 growth and Ethereum’s profit model.
However, despite the basic success in expanding the scope of Ethereum, it shows pressure on the L1 infrastructure. In the last six months, the BASE has recorded an average of 93 transactions per second, which is a number of concerns about the sustainable allocation of the blove space when multiple scaling L2 is multiplied.
The base leads the NET-NEW demand for ETEHRUM and has strengthened its wider network through applications and stablecoin growth, which has a total value of nearly $ 10 billion, but the scaling trajectory must maintain economics and speed for all ending users of all L2S.
Ether Leeum’s outlook for L2 strategy
The L2 roadmap represents the intentional strategic pivot of Ether Leeum, which moves to a business model that focuses on security, payment and expansion of external networks.
In this model, L2, like the basics, can create economic values through the blove fee as L2 offers transaction activities on the main net.
However, this report argues that the success of this model depends on Ether Leeum’s ability to expand the BLOB capacity without introducing the ban.
If the scaling upgrade does not meet the adoption of L2, Ethereum can be competitive in the competitive L1, which can provide alternative data soluble solutions or low trading costs.
According to the current predictions, if the amount of transactions in the main L2S is dramatically expanded without upgrading the amount of transactions in major L2S processing, Ethereum will return to the current fee level of the basic layer and ignore the cost benefits of the L2 strategy.
Ether Lee’s annual sales will be approximately $ 1.4 billion last year, the same as last year’s commission creation.
In summary, Etherrium’s ability to support prosperous L2 ecosystems depends on continuous technical progress and execution related to the main net.
If the BLOB space is not effectively expanded, it can endanger the payment of the central and next -generation blockchain infrastructure in the distributed application field.