Ethereum R1 L2 Scaling Solution Unveiled: A Decentralized Approach to Efficiency

A group of developers outside the Ethereum Foundation have introduced Ethereum R1, a layer-2 (L2) scaling solution for the Ethereum network. Notably, this solution is designed without relying on a native token and operates independently from traditional funding models. This initiative emphasizes decentralization by rejecting centralized governance and opaque control mechanisms prevalent in many L2 solutions.