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At first glance, it looked like another project had shut down. But upon closer inspection, I realized this is about abandoning L2 in favor of L1—after all, L1s are now faster, cheaper, and carry that prestigious lineage; who wouldn’t love them? Previously, L2s were the hot startup trend; now, they’re being shunned. L2s were originally created because the elite chains were too expensive. But now, L1s are cheaper than some L2s—so what’s the point of L2s anymore? https://t.co/TleUS9nrtR

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