© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
W. Zhang, T. AnandBlockchain and Ethereum Smart Contract Solution Developmenthttps://doi.org/10.1007/978-1-4842-8164-2_9

9. Layer 2 and Ethereum 2

Weijia Zhang1   and Tej Anand2
(1)
Austin, TX, USA
(2)
Chappaqua, NY, USA
 

Problem with Ethereum Mainnet

The Ethereum mainnet is designed as a public blockchain rather than an Enterprise platform; hence, it lacks privacy, performance, scaling, and permissioning capacities.

With regard to privacy, Ethereum mainnet stores all data in a permissionless fashion, and everyone has access to the data. All sensitive data will need to be encrypted before being sent to the blockchain, and transactions need to be obfuscated through ...

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