Vitalik just put a nail to the coffin for L2s With ETH L1 now scaling, there’s no more need for an L2 whose promise is lower fees and faster transactions But not all L2s are moot. If an L2 can focus on one of these, they can futureproof themselves: 1️⃣ Privacy 2️⃣ Social layer 3️⃣ AI 4️⃣ Metaverse 5️⃣ Creator layer In short, L2s need to specialize on something and not be a generic L2. Plus, they have to be heavily integrated to mainnet too This new development makes me think about Garga’s long post before about L1 vs. L2s and how having a “super app” can be the bloodline of the L2 In their case, Otherside is the super app If Otherside can onboard millions without them knowing that they’re onchain, they won’t ever have to know about ApeChain. They will just have to know about value of ownership and ease of transactions in the platform It’s a good time to ask L2s now… take away speed and low cost as differentiators, what’s your Unique Selling Proposition?

From Twitter
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.
Like
Add to Favorites
Comments
Share
Relevant content





