Scalability is critical to the future of blockchains. Without it, onboarding the rest of the world to web3 will be impossible. While many new chains boast high TPS, we’re far from enabling the current financial system from running on-chain.

bit.ly/3qYSgSv Scalability has been the focus for Ethereum research community. Sharded execution was a potential solution but the losses in composability are unresolved and have led to a focus on rollups.

A few thoughts on @LayerZero_Labs. I'm pretty excited about the concept Whereas most cross-chain bridges use a large middle chain, layer zero is a primitive that replaces trust to middle chain validators to trust with an oracle network and shards the risk in case a malicious activity occurs

1/ Here comes a thread to give a high-level overview of Ethereum 2.0, and its first phase, the Beacon Chain.
#ethereum #eth2 #beaconchain 2/ Ethereum 2.0 is the result of years of research on how to scale Ethereum to deliver thousands of transactions per second and to implement Proof of Stake, addressing environmental and centralization concerns due to Proof of Work.