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phase5

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Are Layer2s Good or Bad for Ethereum?

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1 points·by phase5·4 lata temu·1 comments

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phase5
·4 lata temu·discuss
how about trying a distributed censorship resistant version like skiff.com?
phase5
·4 lata temu·discuss
Meher Roy, CTO of Chorus One explores the scenario where ETH L1 token loses value against the L2 tokens that are emerging.

He revisits Ethereum's scaling history and talks about the new layer 2s that are emerging like Starkware.

He posits that liquidity will leave ETH L1 in favor of ETH L2s and also ETH's pivot in narrative to adopt 'moneyness' as an attribute is dangerous.
phase5
·4 lata temu·discuss
The author doesn't understand the value of distributed censorship resistant consensus that's secured by energy.

Also the author fails to consider the situation of 80% of humanity who live in countries that experience hyperinflation frequently. https://bitcoinmagazine.com/culture/check-your-financial-pri...
phase5
·4 lata temu·discuss
So well written and you're working for BART? What's going on with this world? Promote this guy.