How Layer 2 Is Primed To Solve Scalability Issues of Ethereum before the Launch of ETH 2.0
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Currently, one of the most anticipated developments in the blockchain industry is the launch of Ethereum 2.0. It’s believed that its emergence will solve the scalability and high transaction issues of the Ethereum network.

However, before the launch, which is likely to play out in 2022, blockchain developers such as Alan Chiu, founder and CEO of, are trying to boost the scalability of Ethereum in a layer 2 race.

Read Also: Vitalik Buterin: Ethereum 2.0’s PoS Can Reduce the Chain’s Energy Consumption By Over 10,000x

According to Chiu, in an interview with, scalability in Ethereum (ETH) is already making headway while the world awaits the next level of the leading blockchain project that has been battered with a lot of delays.

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Chiu said, “Ethereum has a rather limited capacity for computation and this has been a known problem for several years…

“What happened more recently is, Vitalik and many other Ethereum researchers have come up with an alternative solution rather than trying to do everything in ETH 2.0, scaling both computation and data.”

Read Also: Charlie Lee Explains Why Litecoin (LTC) Is Adopting Key Privacy Enhancing Features

In the course of the interview, Chiu expressed excitement for the upcoming layer 2 developments, such as Polygon, which has been gaining ground with its show of resilience to the recent crash of cryptocurrencies in the market. and OMG Network have also launched the public testnet of OMGX — a layer 2 Ethereum scaling solution which allows off-chain computations.

Chiu said, “By implementing computations on layer 2, moving them off the main chain, we are freeing up the precious blocks on the main chain so that in aggregate we can — as an ecosystem — handle a lot more transactions.”

Read Also: Billionaire Mark Cuban Reveals Why He Thinks Ethereum (ETH) Will Dwarf Bitcoin (BTC)

The founder of Enya.ia added that solutions like roll-ups are able to provide lower transaction fees and increase capacity for more transactions before Ethereum 2.0 is officially rolled out.

Conclusively, Chiu said, “So, over the next several months, there’ll be several layer 2 solutions that will be moving into mainnet and it will be an exciting time. We’ll see how that changes to gas fees that people have to pay to use these DeFi projects.”

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.