Busted: Five Myths Around the Merge | ConsenSys

Web3 infrastructure will continue to improve, with the continued improvement and growth of non-Ethereum L1s and Ethereum L2s. The Ethereum merge will hopefully happen in Q1 22. 

But decentralizing the internet has been hard to do. When contrasted against the well-established efficiency and stability of centralized systems, decentralized systems have struggled to keep pace. Now, however, the emerging technology of crypto and web3 — specifically, programmable blockchains, composable smart contracts, and digital assets — make... See more

To address this, the community chose a rollup-centric approach. The idea is simple: Instead of hosting all applications on Ethereum, the focus is on rollups that offer faster, cheaper transactions while still settling back on Ethereum. As a result, you get faster, cheaper transactions, but still keep Ethereum’s security.