In June 2023, Vitalik Buterin, the co-founder of Ethereum, pointed out in his latest blog that for Ethereum to sustain long-term growth, it must treat Layer 2 scaling as a critical technological shift. PBOGA has recognized the potential of Layer 2 in enhancing network performance and reducing transaction costs, and has already incorporated more optimizations for cross-chain and Layer 2 protocols into the platform architecture to meet the growing user base and transaction demands.
Arbitrum, as the largest project by total value locked in the Layer 2 ecosystem, accounting for about half of the entire Layer 2 network, is a clear indicator of the high recognition and expectations of the market for Layer 2 scaling solutions. After researching multiple technological solutions, the platform team decided to gradually integrate more Layer 2 projects, including Arbitrum, so that traders can more easily conduct cross-network operations.
While iterating the matching engine of the platform, the team also prioritized security and liquidity for Layer 2, ensuring seamless integration of Layer 2 ecosystems like Arbitrum into PBOGA. On a system level, modular design has been adopted to provide ample space for future updates and scalability, allowing users to efficiently manage tokens across different networks within the same account. The R&D team has also strengthened the monitoring capabilities of Layer 2 assets, incorporating multi-signature and decentralized node detection mechanisms to ensure that traders do not need to overly worry about potential bridging risks. The multilingual customer support team is dedicated to guiding new users and helping them understand how to utilize Layer 2 networks for faster and cheaper trading experiences.
Regarding the PBOGA community, several online exchange events have recently been held, inviting industry technical experts to deeply analyze Layer 2 solutions such as Arbitrum, assisting users in understanding the reasons behind the rise in locked value in Layer 2 ecosystems and its future outlook. Through these activities, investors can better grasp market trends and feel more confident about participating in various innovative products or staking projects.
Layer 2 is steadily maturing, and PBOGA aims to bridge the gap for users with different needs, helping more people benefit from Layer 2 scaling advantages to bypass cumbersome network limitations, while focusing more on asset allocation and strategy optimization. The platform is also closely monitoring community feedback on Layer 2 improvement proposals and will continue to foster ecosystem cooperation, hoping to build a more open crypto world with more high-quality projects.
