Everyone’s talking about based rollups on Ethereum. So what are they and how will they make Ethereum feel like Ethereum again?
Ethereums rollup-centric layer-2 roadmap has successfully tamed the congestion and ludicrous gas fees on the base layer but at the cost of creating a fragmented ecosystem.
Designed to scale the network, L2s have become little islands on their own, each with its own rules, systems and barriers.
Liquidity is siloed, users are stuck navigating bridges between L2s, and developers are forced to choose whether they want to build on Base, Arbitrum or Starknet.
But in the past year or so, the community has begun to talk more and more about based rollups as a potential answer to the problem. According to reputation, based rollups will bring back interoperability and composability and enable DeFi Summers Money Legos concept to be resurrected on L2s (this refers to DeFi protocols that can seamlessly interact with one another). In short, if they achieve everything they promise, based rollups will make the Ethereum ecosystem feel like Ethereum again.