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Even if you can withdraw straight to L2s, the main problem I have with this scaling solution is it is too convoluted. I have no faith in being able to explain t
by shiohime 5y ago
Even if you can withdraw straight to L2s, the main problem I have with this scaling solution is it is too convoluted. I have no faith in being able to explain this to people who aren't already crypto enthusiasts. It seems much easier to explain how to use a single scalable L1 than to explain a cluster of ever growing L2s and sidechains. I know there is a lot of work in the ecosystem but really this has to be masked hard with a fantastic web wallet UI if it has any hopes of widescale and longterm adoption imo. This is why I have more hope currently for Solana than Ethereum.
- mule1 5y agoIt's an incredibly complicated problem that is currently being worked on by ETH developers. However eventually this will be seemless for an average user. You can be using Uniswap for example on an L2 like arbitrum or zksync and have no idea your ETH is even there. Also ramps are being built to directly deposit into L2. The gas fees from bridging in and out of L2 will be solved when the majority of the traffic is happening on L2, the ETH L1 blockchain will only be used as a settlement layer for L2 traffic and much fewer transactions. Sharding which is coming will also bring down fees a ton for all settlement transactions in ETH L1.
- Irongirl1 5y agoMay I ask what is probably a stupid question? What about Phantom.app as a wallet for a noob? I am leaning towards ETH, but all of the wallets looks exceedingly complicated...except for this one.
- shiohime 5y agoPhantom wallet is great! It's currently primary a solana wallet, but I believe that they are in beta for Ethereum support, but if you are curious to try out web3 stuff Solana is great for it. I strongly prefer the UI over this wallet compared to Metamask for instance, and think it is a very user friendly wallet. It's also quite easy to integrate with webapps.
- Irongirl1 5y agoThank you for your prompt reply.