Because the blockchain ecosystem grows, so does the demand for versatile, customizable tech.
Scalability is about making know-how extra accessible to Web3 builders and customers. If builders can construct scalable functions, they’ll attain extra customers with out rising their prices considerably or needing to multiply their sources. For these wishing to bootstrap a sequence with restricted sources, layer-3s may function a promising alternative.
By reducing down on overhead operational and onboarding prices, layer-3s are shortly turning into an vital piece of the blockchain ecosystem to provide builders higher flexibility and progress alternatives.
When layer-3s began trending, they had been met with preliminary skepticism. Constructing on prime of a layer-2 may add complexity and pointless fragmentation, and including extra layers may make the ecosystem of apps more difficult to navigate, resulting in a scarcity of interoperability.
However as extra use circumstances emerge, the clearer it turns into: Layer-3s can decrease obstacles to entry for brand spanking new chains and decrease onboarding prices for customers with minimal safety tradeoffs.
The accessibility of layer-3s
Knowledge availability prices proceed to drop with will increase in blob measurement and different knowledge availability layers. The price to function a sequence then more and more turns into the price to submit knowledge commitments and state roots for withdrawals.
The mounted overhead value to function a layer-3 is thus considerably lower than the mounted overhead value to function a layer-2. Submitting knowledge commitments and output roots to a layer-2 is considerably cheaper than the price to submit those self same transactions to Ethereum Mainnet.
Moreover, when a layer-2 chain is newly launched, depositing tokens into that chain as a brand new consumer might be costly. It requires each buying tokens on the layer-1 after which depositing these tokens from layer-1 to layer-2 — a complete of two layer-1 transactions. Throughout Ethereum Mainnet payment spikes, we’ve seen these transactions get prohibitively costly for brand spanking new customers. With a layer-3, onboarding for a brand new consumer will solely be two layer-2 transactions, which is a small fraction of the price.
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This presents software builders and chain operators with new, more cost effective choices to bootstrap utilization and onboard new customers.
We’re already seeing this development with Base for example; the chain has pushed outsized demand and has expanded assist for layer-3s constructing on prime of it.
The whole blockchain ecosystem can profit from layer-2’s dedication to the burgeoning layer-3 ecosystem, with much more builders capable of leverage the ability of layer-2 tech stacks.
Key options fueling the rise of layer-3s
From my vantage level, demand for layer-3s is surging and two options have shortly change into essentially the most extremely requested.
The primary is customized fuel tokens, which permit builders to make use of a layer-2 token because the native fuel token for a layer-3. Customized fuel tokens are nice for neighborhood improvement — if there’s an present neighborhood rallied round a layer-2 token, utilizing it because the native token to pay for fuel is a concrete subsequent step in the direction of constructing an ecosystem. Customized fuel tokens can allow new use circumstances like in-game currencies for gaming ecosystem chains and token grants which immediately subsidize developer and consumer charges
The second sought-after function is different knowledge availability, or alt-DA. This offers builders the choice to pick the DA layer of their selecting, enormously decreasing transaction prices with the purpose of minimizing safety tradeoffs.
Combining a layer-3 with alt-DA may give builders low overhead prices to publish to the layer-2. That is along with sustainably low knowledge availability prices, all including as much as the most cost effective doable deployment of a layer-2 tech stack.
As layer-3s achieve momentum, I anticipate many of those chains to launch with each customized fuel tokens and alt-DA.
Powering the layer-3 future
Builders have extra choices than ever earlier than, and it’s “select your personal journey” in terms of deploying a layer-2 or layer-3. All have their professionals and cons, and there’s room for all to succeed.
Whereas deploying a regular configuration, layer-2s will all the time be essentially the most battle-tested, ahead suitable solution to launch a sequence. Nonetheless, layer-3s improve the accessibility of launching a brand new chain with extremely low value. I see key options like customized fuel tokens and alt-DA as vital to the expansion and adoption of layer-3s, that are in flip vital for driving innovation ahead with a shared imaginative and prescient for scaling Web3.
Kevin Ho is a co-founder of Optimism and a member of the product group at OP Labs, the place he oversees protocol improvement and contributes to the Optimism Collective. OP Labs’ mission is to speed up adoption of Ethereum with essentially the most safe, decentralized open supply tech stack, the OP Stack. OP Labs additionally gives sources and assist to the developer neighborhood constructing and deploying on the Superchain.