Ethereum Layer 2 (L2) Projects and High Fees: A Step Towards Misuse or a Necessary Evil?

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31 Dec 2023
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Ethereum Layer 2 (L2) projects emerged with the goal of scaling the Ethereum network and enhancing transaction efficiency. However, some L2 projects, initially promising lower fees, have gradually shifted towards implementing high fees. This shift has sparked criticisms among users, leading to allegations of technology misuse.

The high fees imposed by some L2 projects could lead to a loss of trust among users. This situation could reflect a deviation from the core purpose of the technology, which is to provide low-cost and fast transactions, and instead, indicate a profit-oriented approach. Users might perceive this as a question of the projects' integrity.

There can be several reasons for L2 projects resorting to high fees. Technical challenges and operational costs might compel projects to increase fees to maintain sustainability. Moreover, in this competitive field, projects aiming to boost profit margins might opt for higher fees.

To alleviate user concerns and make L2 projects more transparent, projects should clearly communicate their fee policies and adopt a fair pricing strategy. Additionally, they should be open to community feedback and continually make improvements to meet user expectations.

While high fees in Ethereum Layer 2 projects risk deviating from the technology's original goals, it can also reflect the projects' struggles for sustainability. Users should carefully assess the intentions and policies of projects, raise their voices in the community if necessary, and continue to support the development of a fairer and more transparent fee standard in the industry.

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