tldr: L2s are just L1 apps with their own execution features and policies (decentralization, scaling, ordering, security, liquidity, etc.) most L2s will build along 2 axis: -> scaling -> feature differentiation of course vanilla general purpose chains will still be able to attract liquidity and volume, but it will be harder to maintain their stickiness i think @megaeth and @risechain are killing it at the scaling game but i believe what we're building with @StatusL2 is the first deeply intentional L2 with a fresh attempt at showcasing what L2s can actually do: -> fully gasless (using ZKPs for rate limiting) -> with shared native yield (bridged yield from the L1 + native app fees) -> and composable privacy (unlocking private DeFi interactions on EVM) all that directly governed by the community based on their reputation: higher reputation -> higher gas-free transaction throughput -> higher governance power over native yield allocation L1 is for security L2s are for scaling and experimentation always have been.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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