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Key Takeaways: The Ethereum Layer-2 ecosystem has grown at a feverish pace, with the total value locked currently over $51.5 billion as of November 2024, up 205% from last year. While L2 addresses Ethereum’s scalability issues, centralization remains an issue, calling for more decentralized solutions. It indicates growing competition between L2s and other high-speed blockchains, […]
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The Explosion of Layer-2 Networks on Ethereum: Challenges and Opportunities
