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How to use L2 to reduce gas cost of Wallet to wallet transfer?

Etherum Reddit

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Hey guys crypto enthusiast and absolute dumbass when it comes to understanding things here. With Ethereum getting congested heavily due to NFTs and Defi craze, the price of gas fee exploded and normal $100 guys like me have been completely steering off due to the ludicrous transactions cost.

Now luckily there’s some very smart people out there who have made L2 solutions which reduce gas cost.

My question is how exactly do they do that? Like let’s say I want to transfer some Eth from one wallet to another and not pay a kidney to do the transfer. Can I do ETH-> POLYGON(MATIC) -> ETH to reduce the gas fees or am I thinking of this wrong?

Please enlighten me crypto brains out there

submitted by /u/kruthikv9
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