network: Top 10 L2 solutions review

network: Top 10 L2 solutions review

< Show Wisdom Collection: Top 10 L2 solutions reviewarticle avatarAnupam Singh

Sales Leader | Strategist | Revenue Growth in B2B SaaS | Sales Operations Leadership

Which one of the following solutions would you choose and why?

The value proposition of having a L2 solution was to take care of the ever increasing problem of increase in traffic, leading to congestion & increased price of transactions over primary blockchain solutions like ETH. In terms of the current market & the scope of L2 as a parallel market even after ETH 2.0 upgrade, I see that Immutable X will lead the way around L2 solutions in a big way, primarily for the following reasons- 1. It is the go to network for NFT based platforms due to no gas fees & high TPS of 9000 with instant confirmation 2. Strong partnerships with projects like GameStop( gaming), Tiktok, illuvium, High-rise, Greenpark sports, Planet Quest, God's Unchained & ESL gaming to name a few 3. Their permission less decentralised Zero Knowledge protocol offered over platform using a validity based proofing mechanism via the StarEx & StarNet initiatives

Which L2 projects would you recommend to watch and why? (except given)

The other L2 projects which I would like to suggest as promising ones are the following ( in their order of preference)- 1. xDai chain 2. Loopring- LRC xDai is my most recommended project after Immutable X for the following reasons- 1. It makes NFT trading just as affordable as Immutable X 2. It's a stable coin which is pegged to USD pricing & has hidden value within the coins locked as part of proof of stake- PoS 3. High transaction processing efficiency (5 seconds transaction time) when compared to primary blockchain solutions like ETH which takes several minutes The reasons for suggesting for LRC are the following- 1. It counters other L2 solutions like arbitrum & optimism which are based on optimistic roll outs thereby leaving the success & security of the system subject to network participants to act in good faith. LRC is based on ZK rollouts 2. ZK approach provides for greater data throughput due to reduced transaction volumes 3. Transaction validity remains inherent hence the withdrawal process is highly efficient when compared with an optimistic roll out based coin 4. It's unique circular DEX based rings provides for executing 16 individual orders with no dependency over a buyer seller pairing , thereby providing for better liquidity & price discovery

article avatarleven rudolf

UX Developer

Which one of the following solutions would you choose and why?

Arbitrum low network transactions fees deployable interface for dapps adopted by many at its earliest stages. it has potential to be working alongside eth network

Which L2 projects would you recommend to watch and why? (except given)

Solana Solana is a decentralized blockchain built to enable scalable, user-friendly apps for the world.Solana is the fastest blockchain in the world and the fastest growing ecosystem in crypto, with thousands of projects spanning DeFi, NFTs, Web3 and more

article avatarOffelia Ogg

day trading, investment, crypto enthusiast

Which one of the following solutions would you choose and why?

Arbitrum network. First time I use L2 arbitrum network here with experty.io. Low costs transaction definitely is an advantage. Arbitrum has their own cross layer bridge well functioning.

Which L2 projects would you recommend to watch and why? (except given)

By myself I'v used only arbitrum network till now. Other L2 solutions will be adding to my list for exploration. Obviously all of the items deserve to be watched.

article avatarChiamaka Bernard

cryptolord and analyst

Which one of the following solutions would you choose and why?

Abitrium, they reason for abitrium is that most often the network allows access to change from one Chain to another especially bridging network and it efficiency and gas fees are always worth trading on.

Which L2 projects would you recommend to watch and why? (except given)

OMG network ($OMG) is actually the right choice not by preference but for anything,it allows easy transfer of Ethereum Process in transaction to outside the Ethereum mainnet with convenience.

article avatarIsabel Bardon

Retired

Which one of the following solutions would you choose and why?

Zksync is where i prefered to , the apps is smooth in transaction and i never had any problem by using it. Many of my friends were using zksync as well.

Which L2 projects would you recommend to watch and why? (except given)

I think optimism , They offer an airdrop and patiently waiting again another incoming airdrop.They have many project that trusting their network.

article avatarAmit Patil

nftjag.com | Co-Founder CEO @ WhiteCOde

Which one of the following solutions would you choose and why?

I would choose Arbitrum, as provides a better solution to Ethereum by increasing the transaction speed and lowering the gas fees. Gas fees are the biggest challenge with the Ethereum

Which L2 projects would you recommend to watch and why? (except given)

I would recommend watching the Loopring project, as it gets the data from the network and provides it in a compacted format. It helps in maintaining the privacy of the transaction owner as well.

article avatarJeremiah David

Full stack developer and a block chain specialist.

Which one of the following solutions would you choose and why?

Arbitrium would be a considerably fair solution. Because it allows network bridge between two chains of different Projects or network with low rates.

Which L2 projects would you recommend to watch and why? (except given)

Matic, it is a polygon project that supports network bridge specifically L2 projects and does so without glitch. without sufficient gas it doesn't work for other networks.

article avatarMaksim T

trader nft

Which one of the following solutions would you choose and why?

Arbitrum.Arbitrum processes 40,000 transaction requests per second, much larger than Ethereum’s 15-30 requests, greatly reducing network congestion, increasing speed and reducing transaction costs.

Which L2 projects would you recommend to watch and why? (except given)

Optimism.Simple and elegant As few lines of code as possible separate Optimism from Ethereum's battle-tested infrastructure. Build your app on the L2 that doesn't quit.

article avatarSeptianeko_ purnomo1

Hii

Which one of the following solutions would you choose and why?

DeversiFi I think the network is very good, and the security on the network is very safe,And many anti-Ponzi coins are used by other people and the project in it has a lot of potential

Which L2 projects would you recommend to watch and why? (except given)

Optimisme Is a project of the eteeterium network Low cost and very fast L2. Optimisme Is a very useful ecosystem for decentralization And it's safe to invest

article avatarAgus oleng

Crypto

Which one of the following solutions would you choose and why?

arbitrum, because fee cheap and fast for transaction, and big exosystem use arbitrum network, so i choise arbitrum network for solution eth mainet

Which L2 projects would you recommend to watch and why? (except given)

Optimism, because they have big investor and aslo they have Token OP and now already list on some market exchange so yes choise Optimism for L2

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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