L2卷一直是一個很好的區塊鏈成功故事

他們減少了以太坊主網上的擁塞，在保存安全性的同時降低了汽油費。

Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security.

第2層是一個很好的區塊鏈成功故事。他們減少了以太坊主網上的擁塞，在保存安全性的同時降低了汽油費。

But maybe they’ve become too successful, drawing chain activity and fee income from the parent that spawned them? At least that’s what some are suggesting lately, most recently at Cornell Tech’s blockchain conference in late April.

但是，也許他們變得太成功了，從催生他們的父母那裡吸引了連鎖活動和收費收入？至少這是一些最近的建議，最近一次是在4月下旬的康奈爾理工大學的區塊鏈會議上。

Indeed, some think Ethereum should be a little greedier, or at least fight harder for a bigger part of the revenue pie, particularly sequencing fees.

確實，有些人認為以太坊應該有點貪婪，或者至少要為更大的收入派，尤其是測序費用而努力。

“People in the Ethereum Foundation [the nonprofit that supports the Ethereum ecosystem] will tell you that, ‘Yes, we effed up by being too ivory tower.’ I have heard that multiple times,” said David Hoffman, an owner at Bankless, during a panel discussion at the Cornell Tech event in New York City on April 25.

“以太坊基金會（支持以太坊生態系統的非營利組織）中的人們會告訴你，'是的，我們通過過於象牙塔而效率。'我聽說過多次。

Elsewhere, Hoffman has urged Ethereum to make a “strategic pivot,” noting that the crypto environment has changed in the last few years. Ethereum no longer has the “luxury of being a peace-time research project…. exploited by its competition.”

在其他地方，霍夫曼（Hoffman）敦促以太坊製作一個“戰略樞紐”，並指出加密環境在過去幾年中發生了變化。以太坊不再具有“成為和平時期研究項目的奢侈……。

L2s are reaping millions of dollars in transaction order fees (sometimes called sequencing fees), but none of these revenues are being passed on to Ethereum, according to James Beck, head of growth at ENS Labs and another speaker at the New York City conference. Beck told Cointelegraph:In short, Ethereum is a neutral verification layer, but the Ethereum mainnet is not being fairly compensated for the work that it is doing. Centralized for-profit L2s like Base, Optimism and Arbitrum are gathering the lucrative sequencing fees while enjoying the security and liveness guarantees of the Ethereum mainnet at relatively little economic cost.

ENS Labs的增長負責人詹姆斯·貝克（James Beck）表示，L2S正在收穫數百萬美元的交易訂單費（有時稱為測序費用），但這些收入均未傳遞給以太坊。貝克告訴Cointelegraph：簡而言之，以太坊是一個中性的驗證層，但是以太坊的主網並未對其所做的工作得到相當大的補償。基礎，樂觀和仲裁等集中的營利性L2正在收集利潤豐厚的測序費用，同時以相對較少的經濟成本享受以太坊主網的安全性和livesice保證。

L2s soared after Dencun upgrade

L2S在Dencun升級後飆升

L2 rollups are a recent innovation; they only emerged in 2023. The idea was to reduce chain congestion and gas fees by moving transaction processing from the main blockchain (layer 1) to separate chains that sit atop the mainnet (L2s). But transaction processing is arguably the most profitable part of the revenue game, especially when users opt to pay priority fees to get their orders processed faster.

L2匯總是最近的創新。它們僅在2023年出現。這個想法是通過將交易處理從主要區塊鏈（第1層）移動到位於主網（L2S）上的鏈條來減少鏈充血和汽油費。但是，交易處理可以說是收入遊戲中最有利可圖的部分，尤其是當用戶選擇支付優先費以更快地處理訂單時。

However, on a relative basis, at least, few people seem to be caring much about the priority fee portion of the revenue mix.

但是，相對基礎，至少很少有人在關心收入組合的優先費用部分。

At any rate, it’s no secret that L2s are doing well on the fee front. In fact, they’ve become so successful that they're now largely handling the bulk of the activity on Ethereum.

無論如何，L2在費用方面表現良好並不是什麼秘密。實際上，它們變得如此成功，以至於他們現在在很大程度上處理了以太坊的大部分活動。

After March 2024's Dencun upgrade introduced blob transactions to help scale L2s, they were able to move quickly and began generating significant volumes, while layer 1 activity remained relatively low.

2024年3月之後，Dencun升級引入了BLOB交易以幫助縮放L2，它們能夠迅速移動並開始產生大量卷，而第1層活動仍然相對較低。

As a result, on Monday, April 8, at least one major L2, Coinbase’s Base, appears to have been largely scooping up the priority transaction fees, which are accruing to L2s in a lopsided manner, according to blockchain data and analysis from CoinMetrics.

結果，在4月8日星期一，根據區塊鏈數據和共同分析，至少有一個Coinbase的基礎，Coinbase的基礎似乎在很大程度上是在很大程度上sc起優先交易費用，這些交易費用以偏斜的方式逐漸降低。

In total, Base has earned an estimated $98 million in revenues from user-transaction fees (including base and priority fees), while paying about $4.9 million to the Ethereum base layer, leading to a total estimated profit of $94 million since the Dencun upgrade, according to CoinMetrics researcher analyst Tanay Ved.

根據COINMETRICS研究員分析師分析師Tanay分析師Tanay分析師Tanay Ved，Base總共獲得了從用戶交易費用（包括基本和優先費用）中獲得的9800萬美元收入，同時向以太坊基礎層支付了約490萬美元，自從Dencun升級以來，估計的估計利潤為9400萬美元。

Of this sum, approximately $90.4 million can be attributed to transaction-order (or sequencing) fees, highlighting the substantial profits being generated by L2s through this revenue stream, while a smaller portion comes from state-transition (or blob) transaction fees, which are also flowing to L2s.

在這筆款項中，大約90040萬美元可以歸因於事務訂單（或測序）費用，從而強調了L2S通過此收入流產生的大量利潤，而較小的部分來自國家轉換（或BLOB）交易費用，這些費用也流向L2S。

Base’s response

基地的回應

Asked about the lopsided nature of the fee split, a Base spokesperson said: “Today, Base already pays Ethereum fees for every transaction on Base. All transactions are settled on Ethereum, and so far, Base has paid Ethereum more than $20 million in settlement fees since Base’s creation.” One can see these fees on Token Terminal under “cost of revenue,” the spokesperson added.

當被問及費用分配的偏見性質時，一位基本發言人說：“今天，基地已經為基礎上的每筆交易支付以太坊費用。所有交易都定居在以太坊上，到目前為止，基地自從基地創造以來，基地已經支付了以太坊超過2000萬美元的和解費。”發言人補充說，在“收入成本”下，可以在令牌終端上看到這些費用。

“Overall, Base is making getting onchain more accessible with fast and cheap transactions and helping grow the Ethereum ecosystem by onboarding more users, builders, apps and assets, all of whom are transacting in ETH and driving demand,” said the spokesperson.

該發言人說：“總體而言，基地通過快速和廉價的交易使Onchain更容易獲得，並通過攻入更多的用戶，建築商，應用程序和資產來幫助發展以太坊生態系統，所有這些人都在ETH和驅動需求中進行交易。”

However, in many, if not most months, Base’s overall transaction fees are roughly 10 times the amount paid to Ethereum for settling trades, according to examination of the referenced Base financial statement. In April, for instance, the most recent full month, Base reaped $3.7 million in transaction fees, but only $305,000 was delivered to Ethereum as settlement fees — about 8% of total fees.

但是，根據參考基本財務報表的審查，在許多（即使不是大多數月份）中，Base的整體交易費用大約是以太坊支付給以太坊的10倍。例如，在4月，最近的整個月，基地收穫了370萬美元的交易費用，但作為結算費，只有305,000美元交付給以太坊，約佔總費用的8％。

Still, maybe things aren't quite so dire. Even if the calculus of the fees is out of kilter now, the imbalance may not last, others caution. Ethereum hard forks

不過，也許事情並不那麼可怕。即使費用的演算現在已經超出了Kilter，其他不平衡也可能不會持續，其他人則警告。以太坊硬叉