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Dominic Williams takes jabs at Ethereum’s complex layer-two solutions

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Vandana Mrigwani Follow

INDIA

Jun, 19 2021

Jun, 19 2021

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Dominic Williams, the Dfinity founder has analyzed Ethereum’s evolving ecosystem of layer-two solutions for revealing users towards counterparty security risks. He and its internet computer, has criticized the scaling solutions put forward by Ethereum and Polkadot for contributing a disjointed user experience.

 

The self-described “blockchain maximalist” analyzed Ethereum’s increasing ecosystem of second-layer scaling solutions, labelling Ethereum as starting to approach a ridiculously elaborate “Rube Goldberg machine” of “layer-two cloud applications", meaning Ethereum is opting to do it in a complex way which is not necessary

 

Dominic’s experience and lookout-

 

Williams stated that the two-layer solution might create friction for Ethereum users. It may disclose them to counterparty safety vulnerabilities, highlighting that more than half of Ethereum’s nodes are hosted by Amazon Web Services.

 

Williams said that when a user contacts a blockchain from the cloud, “they have to download MetaMask from Amazon or something that lets them be tracked.” He sought to differentiate this with Dfinity’s Internet Identity protocol that he claims “can’t track you” unlike MetaMask and various other services downloaded from an app store.

 

Dfinity’s founder highlighted the various friction points and steep knowledge curve impacting the user experience on Ethereum. He says that: “If you want mass adoption of blockchain, you can’t require people to install MetaMask and then have to buy some Ether from Coinbase — that’s ridiculous. People need to interact with the blockchain without having tokens — tokens come later. That’s a really big problem.”


Williams also took interest in Polkadot’s forthcoming sharded parachain system, likening its relay chain to a “centralized toll-free hub”. It was done by mediating between disparate blockchains. He also analyzed its vision for sharding as failing to confirm “fungibility between smart contracts.” Still Williams has said “the Internet Computer will have more users than all other blockchains combined by December of this year.”


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Vandana Mrigwani

CBW - External Analyst

INDIA

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