Opinion
Crypto’s reliance on layer-2 solutions may be a double-edged sword, threatening decentralization and security while recreating traditional financial inefficiencies. Is the pursuit of scalability undermining blockchain’s core principles?
Dan Hughes
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Dan Hughes founded Radix, a community-driven layer 1 that makes DeFi transactions transparent and safe through breakthrough asset-oriented technology. Dan is a 13-year industry veteran committed to the global adoption of crypto through hyperscalable, developer-friendly blockchain architecture and an empowering user experience.
The fallacy of scalability — why layer 2s won’t save crypto