Quick Reads and Hot Links Covering the People and Projects Who Are Scaling Ethereum
Dear Frens,
Once in a while you hear about the launch of a new Layer 2 scaling solution for Ethereum and think “huh … where did that come from?”. If you haven’t seen it during the daily (hourly?) scroll on X then it must not have been around, right? Last week, Scroll Mainnet launched, and if you’re one of the people wondering “Scroll who?”, here’s the announcement which clarifies that the team has been working hard for some time and has now reached a milestone in the development.
What’s the point of this little anecdote? It’s that ‘overnight success’ is normally achieved over a long period of time. In Scroll’s case, Mainnet launch is the result of “three successful testnets spanning over 15 months with extensive testing and rigorous security audits”. According L2BEAT, TVL has reached around $17M since the official launch on October 17. Obviously it’s nowhere near zkSync Era at $452M TVL, but it’s not a bad start.
Look into the concept of ‘overnight success’ a little further and you’ll probably come across the Domino Strategy. Not the pizza chain, but the idea that success is made up of incremental steps, taken in sequence, towards the goal. Each action should achieve just enough to allow you to take the next action. Fans of this approach believe it’s a more successful strategy than trying to knock over that last domino without the momentum created by the dominoes along the way.
As the Layer 2 ecosystem builds momentum, we’ll help you stay informed with the latest news about governance proposals, trending projects, hot takes, airdrops, and stats. Thanks for reading the Layer 2 Review, and we hope you enjoy the scroll.
Contributors: Boluwatife, WinVerseWarrior, jengajojo, thinkDecade, trewkat, HiroKennelly
This is an official newsletter of Bankless Publishing, a BanklessDAO-affiliated project. Please subscribe and share to help us grow our audience as we fulfill our mission to build user-friendly crypto onramps.
[subscribe button]
[share button]