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Kelli
@kelli
According to @l2beat, the top 5 L2s by TVL today are: @arbit @optimism Blast Manta @base
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@kelli
Lots of new users đź‘€ We have seen daily active users on L2s increase by almost 10x over the past year as highlighted in the Token Terminal chart
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@kelli
But Kelli, aren’t L2s all the same? Well, not exactly. We have zk rollups, optimistic rollups, zk starks, zk snarks, hybrid rollups, modular rollups, and the list goes on. This chart from Token Terminal does a good job of comparing five of the top L2s with @base
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@kelli
As for zk rollups, @vitalik.eth defined the 5 types. We have Type 1, Type 2, Type 2.5, Type 3, and Type 4. With Type 1 being as close to @ethereum as possible and Type 4 meaning that smart contracts might need to be rewritten and are not compatible with all ETH tooling. Chart by Eth Daily
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@kelli
So, what are some advantages of L2s? 1. Scalability Decrease congestion on L1 & increase transaction throughput 2. Lower fees 3. Flexibility Modular blockchain infrastructure like @celestia enables flexibility in customizing your L2 (Settlement, Execution, Data Availability, and Sequencing)
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@kelli
The Dencun Upgrade 🛠️ Calldata method is out, blobs are in. Blobs have officially arrived on ETH. They are designed to bolster Ethereum by enhancing data availability without impacting existing infrastructure. This leads to much lower transaction fees for L2s. https://warpcast.com/optimism/0x8077c14b
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