Layer 2 solutions explained (Arbitrum, Boba, Optimism, Ethereum 2.0)

Ethereum is expensive and slow. But the good thing is, we don’t have to wait for ETH 2.0 to roll out just to have cheap and fast transactions, we can make things a lot better right now with layer 2 solutions or sidechains. In this video, I will go over some of the major players in the layer 2 solutions field such as Arbitrum, Boba and Optimism, and also answer the ultimate question at the end, whether I think ETH 2.0 is going to kill all these layer 2 projects. Learn more about these layer 2 solutions: https://boxmining.com/understanding-layer-2-scaling-solutions-arbitrum-boba-optimism-polygon-ethereum-2-0/ 0:00 Introduction 0:41 Why do we need layer 2 solutions? 1:29 How layer 2 works? 1:56 Sidechains 2:26 Optimistic Rollups 5:35 What is Ethereumn 2.0? 6:09 Will ETH 2.0 make all these layer 2 solutions irrelevant? 8:00 Conclusion ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● 📖 Guides, tutorials and insights: https://boxmining.com/ Recommendation List: https://www.cryptoatlas.io/Boxmining 🌼Buy & Sell Bitcoin: https://join.swissborg.com/r/michaeOQZM 🔒Hardware Wallet: http://boxmining.co/ledger 👍🏻Brave Browser: http://boxmining.co/brave 📲Binance Exchange : http://boxmining.co/binance Gemmy's Twitter: https://twitter.com/GemmyCrypto Gemmy's Instagram: https://www.instagram.com/gemmy_wong_ht/?utm_medium=copy_link ●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬● Boxmining clips: https://www.youtube.com/channel/UCjFy3VBgOZanySOLhQu6GaQ Boxmining News Website: https://www.boxmining.com/ Telegram Group: https://t.me/BoxminingFam ●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬● Twitter: https://twitter.com/boxmining Discord: https://discord.gg/9qCpqpZm8G Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.