CandleFocus Ethereum's Vitalik Buterin Indicates New Ways to Solve L1/L2 Fees Issues
2024-10-12
Author: Content Editor
Ethereum co-founder Vitalik Buterin has emphasized the need for a balanced and predictable fee structure for both Layer-1 and Layer-2 solutions on the Ethereum ecosystem. He stated that having stable fees is crucial for protecting users from volatile tax rates and ensuring satisfaction among all users. Buterin acknowledged that a year ago, there was a blame on Layer 1 for extracting rent from Layer 2 networks, but now the discussion has shifted. He suggested EIP-7762 and based rollups as potential solutions to address the issue of fee structure. The recent surge in Ethereum fees after a decline of three months was also highlighted in the news.
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