In late 2020, Vitalik Buterin outlined what would become Ethereum's defining strategic pivot: a rollup-centric roadmap that delegates execution to Layer 2 while the base chain optimizes for data availability and consensus.
This architectural decision transformed Ethereum from a monolithic execution engine into a settlement layer -- a court of final appeal for disputes, a root of trust for proofs, and a bulletin board for compressed transaction data.
The implications ripple outward: rollups compete on execution environments, user experience, and fee structures while inheriting Ethereum's security guarantees. Each rollup is an ocean within an ocean -- a sovereign execution domain tethered to the seabed of Layer 1.
With EIP-4844 introducing blob transactions, and full Danksharding on the horizon, the cost of posting rollup data continues its descent into the abyss. The future is fractal scaling -- Layer 3s atop Layer 2s, each depth adding specialization.