Ethereum R1 has officially launched — a completely neutral network designed for the Ethereum Foundation, funded solely through donations without any venture capital or pre-mining of tokens!
The goal?
To create new and simple programming languages to serve Layer 2 networks in a way that is free from any central governance or complex dependencies, which could cause a seismic shift in the current Layer 2 ecosystem!
⚠️ If Ethereum R1 is developed correctly, it could reshape the entire landscape and threaten the future of popular projects such as:
• Arbitrum
• Optimism
• zkSync
• Base (affiliated with Coinbase)
• Starknet
• Linea (from Consensys)
Is it time to rethink scaling solutions?
Competition is heating up and the new model seems more transparent and independent.
#EthereumR1 #Ethereum #Layer2 #BlockchainRevolution #Arbitrum #Optimism #zkSync #Base #Starknet #Linea #L2Wars #CryptoNews #Web3 #DeFi #SmartContracts