Layer 2 solutions, such as Arbitrum and Optimism, are crucial for addressing Ethereum’s scalability crisis and high transaction fees, allowing for faster and more affordable transactions while maintaining security and data storage on the Layer 1 blockchain.

� 00:56 Ethereum needs to address the issues of high gas fees, scalability, and network security in order to sustain its blockchain system. � 01:43 Ethereum’s Layer 2 solutions […]

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