L2s and Ecosystem Dynamics
Anthony argues that labeling L2s as parasites is fundamentally flawed, as it ignores the reality that other Layer 1s would still siphon users from Ethereum if L2s didn't exist. He emphasizes that the true competition comes from other ecosystems, which have historically drawn users away due to high fees on Ethereum. The notion that Ethereum would thrive without L2s overlooks the complexities of user migration and scaling challenges.In this clip
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Bankless
Why You Should Still Be Bullish ETH | Anthony Sassano
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