📌 Ethereum L2 will become interoperable within months: full guide.
– Ethereum is finally addressing the interoperability issues that have plagued the ecosystem since the Layer 2 roadmap was launched a few years ago.
This year, users can expect easy L2 to L2 exchanges, new human-readable addresses for specific chains, and the first updates will be released in the coming weeks, and ecosystem leaders from Base to Across predict that it’s only a matter of time before Ethereum feels like Ethereum again.
The move to fast, standardized interoperability isn’t just a technical update, it’s necessary for Ethereum to feel like a unified ecosystem
When a blockchain can interoperate in less than two seconds, the vision of a unified Ethereum becomes a reality, explains Hart Lambour, co-founder of Across, Lambour explains that the new Across and Uniswap Intent standard (EIP-7683), has stated that validated code will be deployed within the next week and that orders between blockchains will start going through the distributed solver system in the next few weeks.
The new standard is supported by 50 projects and protocols, including Polygon, Arbitrum, Optimism, Base and Uniswap.
During its recent rise, Ethereum faced scaling challenges. Gas prices were as high as $200 per transaction as a huge number of users competed for space on the blockchain. To solve this problem, second-tier rollovers such as Base, Arbitrum and Optimism emerged, which successfully scaled transactions by 15-20x, with fees calculated in cents.
Unfortunately, this has left Ethereum 55 to have 55 new rollovers. Users have to build expensive and dangerous bridges to move between them. The lack of consistency and compatibility has had a significant impact on the sentiment and price of ETH, and Maresh Pai, senior director of research
Consensys, says the first piece of the compatibility puzzle to solve is simply cross-exchange between tokens on different L2s.
I think we will see seamless token movement in the coming months, he told the Journal, adding that synchronous interoperability (where all applications and all L2s provide full and instant compatibility) is still a long way off, but many He notes that it’s enough for the 99.9999% of users who need it.
: Most of our users have funds on one network and want to buy something on another. We are confident that we will be able to realize this within a few months.
Jesse Pollack, lead developer of
base, told Magazine at Devcon that two specific proposed improvements stand out in terms of their impact:
Quick fixes. . We’re working on two really important specifications right now, one is called ERC-7683, which defines the standard for these intents, kind of cross-chain performance, he said. The other is called RIP-7755, which basically makes cross-chain transactions very simple.
Rollup Improvement Proposal-7755 is an off-chain intermediary called a Fulfiller. It runs on the network without authorization and is configured to forward users’ calls to the appropriate location.