13-5-2025 – 1confirmation founder Nick Tomaino has challenged prevailing concerns about Ethereum’s Layer 2 solutions, presenting a fresh perspective on their relationship with the primary network.
Whilst sceptics warn of potential threats to ETH’s dominance, Tomaino suggests these auxiliary networks are actually fortifying Ethereum’s position in the blockchain landscape. The development of independent application chains, he argues, serves as a catalyst for innovation rather than a competitive threat.
The proliferation of Layer 2 networks has yielded an unexpected benefit: heightened ETH burning activity, effectively constraining the cryptocurrency’s supply. This mechanism has emerged as a crucial factor in the token’s economic model.
Perhaps most significantly, these solutions have fostered a more robust environment for developers working with the Ethereum Virtual Machine (EVM). The enhanced flexibility afforded by Layer 2 platforms has attracted a growing community of blockchain architects, contributing to a more diverse and dynamic ecosystem.
The democratisation of ETH distribution, facilitated by these supplementary networks, represents another overlooked advantage in the broader narrative of Ethereum’s evolution. This organic dispersion of tokens strengthens the network’s foundational principles of decentralisation.