We're all moving squad, pack your bags, we're heading to the newfoundland of low fees, high security and decentralization. If you're still making trades or buying NFTs on Layer one, you're burning money.
ROLLUPS ARE HERE
Layer 2 rollups are ready today! Including Loopring, zkSync, Optimistic Ethereum, and Arbitrum. No more of that sidechain/sister chain business, we can support Ethereum by moving our assets to any of these layer two chains and increasing Liquidity incentives. The more of us on L2 the better the sandbox becomes.
FOR THE NEWBIES
For those of you who are newbies and have never opened a crypto wallet, or those just doing small trades I'd recommend Loopring Wallet or Argent Wallet (powered by zkSync/starknet). Both of these systems use smart wallets and make holding crypto stupid proof! When these scaling solutions launch EVM smart contract, anybody will be able to have world class security for less than than a few dollars.
FOR THE OUT OF THE LOOP CRYPTO VETERANS
If you're a bit more experienced, have some crypto savings or just want to continue interacting with Dapps, try bridging your funds to Arbitrum or Optimism! Contract calls are roughly around $1 and make trading easy. They do lack a bit of liquidity, BUT, the more of us that transfer to these L2 solutions, the more incentive there is for liquidity providers to move!
WE ALL NEED TO MOVE TO L2 IN ORDER TO INCENTIVIZE LIQUIDITY PROVIDERS TO MOVE!
"But mrcleansocks, all my funds are on binance and coinbase? how am i supposed to get to layer 2 without touching layer 1 gas fees?"
EASY!
You need to go to Layerswap! They will help you bridge your funds from CEX's to L2s! No more dirty nasty layer one gas fees to stop you from being your own bank. SO GET ON IT!
On a twitter spaces call between Optimism, Arbitrum, zkSync, and Starknet, they all said that sub 1 cent transactions are coming! We are on the verge of Layer 2 2022!!!! It's happening! We are scaling! But we all need to get off layer one! So get your shit together and let's roll squad, we're building the new world and it's on Layer two now!
edit - Honestly, mods, we need a sticky post to address this. If you're too lazy, just pin this post so people can find their way to L2
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