/biz/ - Business & Finance

Is it over for the ETH killers?

https://cryptonews.com/news/scaling-coming-to-ethereum-in-march-optimism-announces-main-9344.htm

>Mainnet in March. Scaling is coming to Ethereum," commented SetProtocol product marketing manager Anthony Sassano on the latest announcement by Optimism: the team has said that they'll be launching arbitrary contract deployment on mainnet in March instead of public testnet, with details to follow.

>"I'm not sure if people realize how huge a deal this is. Moving from L1 Ethereum to optimistic rollups is like going from dial-up to broadband," argued Redditor frank__costello, adding that L2 solutions are likely to have a greater impact on the end-user than Ethereum 2.0. "No more crazy gas fees, no more waiting for transactions to get mined."

>It is estimated that existing dapps on Ethereum can simply copy/paste their code to Optimism and migrate to it starting March, while Coinbase wallet already offered support for the solution. Additionally, a16z described Optimism as "an extension of Ethereum, [with] adherence to Ethereum development paradigms, [which] results in a very easy transition for developers, wallets and users."