As DeFi, decentralized finance, applications continue to boom in 2021, the co-founders of Arbitrum, a layer-2 scaling technology, recently weighed in on the growing interest in DeFi applications and the potential for layer-2 growth in the field.
At a recent industry panel, the co-founders discussed the idea of layer-2 growth and how Arbitrum is uniquely suited to help DeFi projects scale. They noted that while DeFi applications require a lot of computational resources, such as Ethereum’s mainnet, layer-2 infrastructure can help alleviate the cost and increase the speed of transactions.
Additionally, the co-founders discussed the potential for DeFi in gaming applications and the appeal for game developers who look for a more efficient way to scale. According to the co-founders, game developers can take advantage of the low cost and scalability of layer-2 infrastructure without having to make significant changes to the game’s design. For example, asset tokenization, which underlies most DeFi projects, can provide game developers with a new way of managing digital assets, such as in-game items, which can be easily moved between games or exchanged for different digital assets.
The co-founders also discussed the potential for interoperability between multiple blockchains, which can help gaming developers create experiences that span multiple networks and also potentially create opportunities for cross-chain collaboration. The co-founders believe that this interoperability, combined with the scalability of layer-2 infrastructure, will lead to more innovation in the field, and could be a game changer for gaming developers looking to bring their ideas to the market.
Overall, the co-founders at Arbitrum view layer-2 scaling as an essential requirement for continued growth in the DeFi and gaming fields. They believe that the low cost, scalability, and interoperability of layer-2 infrastructure can open up a world of possibilities, and encourage developers to take advantage of these new technologies. With the growing interest in DeFi and gaming, it’s clear that layer-2 infrastructure has a major role to play in the future of the industry.
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