In a tweet on June 1, Putrin claimed that most of the initial work on Ethereum's level 2 scalability solutions was almost complete.
To support his claim, Putrin was linked to a tweet by Ethereum researcher Philip Kastongway who listed a number of related developments and recently launched Layer 2 scalability solutions. .
As Castongway indicated, Blockchain Development Company Starck launched a Layer 2 expandability solution, as did Blockchain Loop Ring.
According to Starware, Layer 2 solution tries to address both scalability and privacy restrictions on the blockchain networks that it is combined with.
Moreover, as reported by Queen Telegraph in late February, the company hopes that its technology can also tackle the weakness of central exchanges.
The researcher also indicated that the Indian blockchain company Matic has just launched the second layer of scalability for Ethereum.
Putrin said that the second-layer scalability solutions of Ethereum are almost ready, and their use is mostly limited to payments and decentralized exchanges.
He suggested that Layer scalability solutions should be used for decentralized token transfers and exchanges - because they make up a large portion of transactions on the Ethereum network.
Putrin also mentioned that Blockchain Optimization had launched a demonstration supporting the full potential of Ethereum smart contracts on its network.
