On September 16, Ethereum’s visionary founder Vitalik Buterin announced via X that Layer 2 (L2) technology has now become cost-effective, marking a significant milestone for the mass adoption of decentralized finance (DeFi). Back in 2020, Buterin highlighted that the lifeline of the crypto ecosystem hinged on minimizing transaction costs, a concept that has now materialized. Responding to this, Robert Sasu, a principal engineer at MultiverseX, stated that L2’s affordability is currently limited to centralized setups. However, Buterin countered by referencing Taiko, a decentralized rollup solution, as evidence that decentralized L2s can indeed achieve low fee structures. While Sasu concurred, he emphasized that rollup solutions are not yet the norm and expressed optimism for broader adoption of this architecture.
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