Ok in all seriousness…
L2s are L1s in their own right. The difference from one L2 to another L2 can be more vast than the difference between L1s. The industry does not have good terminology.
FUD or not, Ethereum is still a great DA & settlement layer. Doesn’t really matter what gets tweeted!
The reality is that every system is a set of tradeoffs.
The internet itself is a set of open decentralized standards (eg DNS) + hyper-centralized zones (eg website).
L2s are websites. Every company will have its own, tailored to its needs. Ethereum is an open settlement standard. It’s important for Ethereum to stay true to those base layer values to give L2s the flexibility to customize.
Tough job to be Vitalik. I wish he was constantly bull posting only OP obviously 🤣, but the industry is really lucky to have him. I’m grateful. And tough job to be any long lasting builder in Ethereum.
Say what you want about L2s dying. The term might die but the tech will not. It’s been a decade of constant grind and constant sprint. More highs and lows will hit us. We have the stamina and the grit to push through and continue innovating the tech.
That’s true for my homies at Polygon, Arbitrum, and ZK sync too. Peace and love to you guys - you’re the only ones who know how hard it is to build this damn technology! (And fine, Solana too!)
Cheers to the last decade and here’s to another.
Love,
Jing
