Coinlive reporting at the “Web3 Trends & Opportunities” event in Singapore in which Coinlive plays host to our very first grand-scale summit! Neil Han, Founder and CEO at Reddio.com, starts the project-pitching session with the topic titled” Layer 2 Ecosystem in 2022 and Beyond”. He says that the issue with layer 1 Ethereum is scaling and compares layer 1 and layer 2. The composability-performance trilemma includes performance, composability, and decentralisation. He expresses that he does not believe that EVM or solidity are important. He concludes his pitch with the mention of his management and team.