Ethereum : Do layer 2 solutions support smart contract interaction

Ethereum update: Do layer 2 solutions support smart contract interaction

I’m a bit confused: do layer 2 solutions like Plasma (Cash), Raiden, Loom Network etc support smart contract interaction (similar to dapps on the L1 Ethereum chain) or are they only useful for wiring eth/(erc 721) tokens to each other?

So in other words: can you quickly and cheaply send thousands of difficult (non-value) contract calls with L2 *OR* can you just make lots of fast, cheap eth/token transactions to other users?

PS Bonus points for answers that go deeper into each L2 solution.

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About Ethereum

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

Author: Vol_Har

Score: 28

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