We've had SaaS, IaaS, BaaS and now RaaS

During 2022 through 2023 we saw a lot of progress being made in scaling Ethereum via layer 2 networks. Optimistic-based rollups such as Arbitrum and Optimism were joined by rollups utilising zero-knowledge technology used by Polygon ZK-EVM, Linea, ZK-Sync, Scroll, Starknet and others. All of the providers of layer 2 networks are aware that scaling blockchain networks doesn't end with layer 2, there is an additional layer to the stack — layer 3 or appchains which many consider the scalability nirvana for blockchains. Appchains or application-specific blockchains offer greater speed, lower transaction costs and are customised to serve particular use cases, unlike public layer 2 blockchain networks.

Weekly News Mar 14, 2024 0 Add to Reading List

During 2022 through 2023 we saw a lot of progress being made in scaling Ethereum via layer 2 networks. Optimistic-based rollups such as Arbitrum and Optimism were joined by rollups utilising zero-knowledge technology used by Polygon ZK-EVM, Linea, ZK-Sync, Scroll, Starknet and others. All of the providers of layer 2 networks are aware that scaling blockchain networks doesn't end with layer 2, there is an additional layer to the stack — layer 3 or appchains which many consider the scalability nirvana for blockchains.

Appchains or application-specific blockchains offer greater speed, lower transaction costs and are customised to serve particular use cases, unlike public layer 2 blockchain networks.