Arbitrum Co-Founder Clarifies Position, Says 'Arbitrum Is Not Ethereum'

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Ethereum news broke on February 4 as Steven Goldfeder, co-founder of Arbitrum’s Offchain Labs, clarified that Arbitrum is not Ethereum, but a close ally. He highlighted Arbitrum’s symbiotic relationship with Ethereum over five years. Goldfeder also noted Arbitrum and Base hit over 1,000 TPS, far above Ethereum’s 40 TPS. He supports Ethereum’s L1 scaling and funds Prysm. Earlier in January 2025, he had claimed Arbitrum is Ethereum. Ethereum price today remains under close market watch.

BlockBeats News, on February 4, Steven Goldfeder, co-founder of Off Chain Labs, the development team behind Arbitrum, posted on social media stating:


Arbitrum is not Ethereum. Arbitrum and Ethereum are close allies and have maintained a symbiotic relationship over the past five years. But it is not Ethereum. The view that a scaled L1 and a thriving L2 ecosystem are contradictory is wrong. I have never heard of an L2 team opposing L1 scaling. In fact, Offchain Labs not only supports L1 scaling but also directly contributes to it—by acquiring and continuously funding Prysm to ensure it has sufficient funds and resources to continue Ethereum's development.


Vitalik's "The story of rollups is evolving over time" is correct. However, Ethereum's best path to winning over large institutions is still L2. In fact, Ethereum having L2 is a superpower that allows it to win over institutions for which other L1s simply cannot provide corresponding solutions.


Last Saturday, during the market turmoil, both Arbitrum and Base reached peak processing capacities exceeding 1000 TPS, while Ethereum was at 40 TPS. Ethereum's L1 simply cannot directly handle such transaction volumes, and this is precisely the entire purpose of L2. L1 will not scale to the point where L2 is no longer needed.


It is worth noting that Steven posted on January 3, 2025, stating "Arbitrum is actually Ethereum," and the tweet has not been deleted yet.


BlockBeats previously reported that Ethereum founder Vitalik posted a tweet yesterday stating that as L1 scales on its own and L2 develops slowly, the original vision of Layer 2 and its role in Ethereum are no longer reasonable, and new development paths and positioning are needed.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.