Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds ETH above CoinDesk's disclosure threshold of $1,000.
That's the assessment the teams behind zkSync and Polygon, two of the leading layer-2 networks running on top of Ethereum, gave of a recent proposal to overhaul the $400 billion blockchain, dismissing suggestions it would make their auxiliary networks redundant.laid out an ambitious plan
“That's really a misconception,” said Alex Gluchowski, the CEO of Matter Labs, the developer firm behind zkSync. “The changes that Justin announced are focused on the consensus layer, not on the execution layer. It's not going to affect the execution layer.”. The consensus layer is responsible for ensuring that blocks are validated, while the execution layer is in charge of executing transactions.
“All of those things are great because we depend on Ethereum as the global settlement layer,” Gluchowski said.“Shorter block times, faster finality, ZK verifiability of what's happening on the consensus layer – those are things that I think have a really positive impact for L2 usability and for L2 interoperability between different ecosystems,” Farmer said.
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