Explore how Layer-3 networks like Orbs are emerging as the solution to blockchain's coordination and governance challenges, unifying the fragmented Web3 ecosystem.
Layer-3 Networks: The Missing Link in Blockchain Infrastructure?
Blockchain's come a long way, right? But even with all its success, especially with Layer-2 solutions, it still feels like something's missing. Enter Layer-3 networks – could they be the key to unlocking blockchain's full potential by addressing coordination and governance gaps?
The Layer-2 Landscape: Scaling Up, But Creating New Problems
Layer-2 networks like Arbitrum, zkSync, and Cosmos have been total game-changers, tackling the scalability issues that plagued early blockchain iterations. Arbitrum bundles transactions using optimistic rollups, zkSync uses zero-knowledge rollups for enhanced privacy, and Cosmos uses Inter-Blockchain Communication protocol, offering faster speeds and lower fees. But all these separate ecosystems? They've created fragmentation and governance headaches.
The Coordination and Governance Gaps
Here's the thing: all these Layer-2 solutions are so focused on speed and efficiency that they forgot to play nice with each other. Interoperability is a mess, with complex bridging solutions causing security risks and extra fees. And governance? DAOs sound great in theory, but token-weighted voting often puts all the power in the hands of the
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