Lighter: Beyond PerpDEX - The Next Generation of Ethereum L2 Few realize it yet, but Lighter is fundamentally transforming the Ethereum L2 sector. The team built not just another dApp, but the fastest L2 in existence - one that already processes over 10x more txs than all other L2s combined. Lighter has opened a true blue ocean for the next generation of Ethereum scalability, proving that Ethereum can scale dozens of thousands of times beyond previous limits - something once considered impossible. -------------- The Evolution of Ethereum Scaling Over the years, many teams have tried to scale Ethereum, but every generation of solutions faced critical bottlenecks: - Sidechains The first major scaling attempt. While sidechains greatly improved txs speed at the time, they relied on their own consensus mechanisms, consuming massive resources and capping throughput at only a few hundred TPS. They also did not inherit Ethereum’s security directly. - Optimistic Rollups After Ethereum shifted to an L2-centric roadmap, optimistic rollups became the focus. However, despite improvements and the use of centralized sequencers, they too faced scalability ceilings due to their fraud-proof system, which was computationally expensive and slow. This led to long finality times and limited throughput. - zkRollups The next major evolution replaced fraud proofs with ZKPs. This dramatically improved finality - from days to hours or minutes - but introduced new tradeoffs:...