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Perhaps the lingering impact of his previous post about the failed L2 strategy was too strong, as @VitalikButerin reiterated his views in a new post, guiding the market towards application-oriented chains, such as prediction market trading platforms (L2) and institutionally regulated L2. You'll notice that Vitalik's attitude has undergone a complete 180-degree turn compared to his previous purely technology-driven approach. If only this strategic alignment had happened a couple of years earlier! 😭 However, don't be too pessimistic. Stripping away Layer 2, Ethereum's core foundation hasn't collapsed; in some ways, it's about to be "reborn." (E-guards don't believe in tears...) After all, the emergence of so many Layer 2 chains hasn't boosted Ethereum's growth; instead, it has eroded community trust. Now, Ethereum can finally move forward unburdened, relying on stablecoin TVL, expectations of token assetization, institutional DeFi adoption, and new narratives like a fund settlement chain to revalue and reprice itself!

vitalik.eth
@VitalikButerin
Have been following reactions to what I said about L2s about 1.5 days ago. One important thing that I believe is: "make yet another EVM chain and add an optimistic bridge to Ethereum with a 1 week delay" is to infra what forking Compound is to governance - something we've done
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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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