Vitalik opines that control is a liability.  Vitalik recently gave a quick recap of short and medium term details of Ethereum Scaling. 

TLDR provides for Ultra-high scaling with sharding + rollups, which is set to be made possible in phase 1.  Sharding is NOT cancelled.  They are planning to get on a rollup ASAP so that users can you get 100x scaling even without eth2.

Sydney Ifergan, the crypto expert tweeted:  “Ethereum (ETH) are getting lot of feedbacks and reviews about how they are trying to scale.  Hopefully, we will see the results in reality soon.  Perhaps, they are clear about where they are heading to.”

Will Harborne, CEO @ Diversify opined, TLDR; scaling blockchains is hard, and if you are a builder on Ethereum don’t hope that moving to Layer 2 is instantly going to solve your problems. When evaluating L2 think about capital efficiency, interoperability between L1 and L2 and interoperability with other L2s.

Someone responding to Will Harbone felt that it looks like someone is using reason. Also, thanked them for bringing these perspectives.  Further, stated unfortunately many people are promoting the qualities of the L2 solutions, but they omit the cons.

Ethereum (ETH) Scaling Parallels and Opinions

Will Harborne when talking about scaling, stated, if someone is telling you that ‘their’ scaling solution is superior in every way, they are likely either pumping their bags or wilfully being ignorant.

Every blockchain scaling solution has a different set of trade-offs, and as a result has certain advantages AND disadvantages. He pointed to how for example you could optimize for speed flexibility and developer tooling with OVM or privacy.

Further stated, that it is not possible to optimize for every desirable parameter without giving up on something else. Also, most often it is at the expense of finality or security. There are trade-offs which will make sense for one application, like an exchange; however, that which would not make sense for others, like minting NFTs.

He also recalled how at Diversify, they chose Validium as they thought that it had an optimal set of trade-offs for an exchange. Also, pointed to how Validity / ZK proofs meant that there is no complex game theory or dispute periods, and that once a proof is verified trades cannot be rolled back.

Harborne also stated that Layer 2 scaling is still entirely in its infancy. He pointed to how the first challenge for DeversiFi is for making the technical jump to use the scaling layer. For many apps, this is still the challenge ahead of them. But after that there is a whole new world of challenges waiting – Surprise!

The next set of challenges, which is getting tackled are equally complicated but don’t become obvious until you’re actually facing them. For example dealing with reduced capital efficiency and opportunity cost.