🚨 Most L2 tokens are down >20% (7d) 📉 After Vitalik said Ethereum is cheaper & faster, L2s now need to deliver more than scaling. Polygon? Already there. 💜 🛠 Polygon was first to scale Ethereum Then pioneered modular chain interoperability and led in zero-knowledge solutions. Their ecosystem specialized long before Vitalik’s post. 🌎 Polygon PoS Dominates stablecoin payments Powers crypto ATMs across the 🇺🇸 Katana Institution-ready DeFi chain Sustainable yields & hyper-concentrated liquidity 🤖 Sentient Brings open-source AGI on-chain Billions zkID solution protecting human data Verifies AI agents in an inevitable human-AI world 🔒 Miden Public/private transactions for users & institutions Immutable Top Web3 gaming platform Partnered with major game publishers ⚡ AggLayer Interoperability without rent-seeking VaultBridge Generates sustainable yields for blockchains And more: Wilder World (Gaming) Lumia (RWA) IoTeX (DePIN) 💡 For over half a decade: Polygon kept improving Ethereum while being sidelined. Today, Vitalik is essentially telling the world: “be like Polygon.” 😅 Absolute cinema. 🍆

Hi Dori, good points. In Leios, InputBlocks will be minted at a high frequency. This can serve as "preconfirmations" if we want to have a fast UX (final confirmation will come with RankingBlock). It is possible to develop this model further, but total throughput may still be a limitation. Ultra-fast settlement and high throughput will always be an advantage of L2s, which blockchains will have a hard time competing with (maybe Solana can). I agree that Hydra makes sense for this and other use cases, if people are willing to trust Hydra Head operators and realize the risks associated with it. Regarding Treasury funding, it is a complex question. We can try to be like Solana, so deliver full parallel Leios after Linear Leios. Then we can consider sharding (the UTxO model is suitable for this). Or we can try to be like Ethereum. We can support L2s together with higher L1 throughput. Maybe the second way is better from a decentralization point of view and less complexity. There are other aspects like time to market, costs, etc. Of course, we can build both, but it can be expensive.

The @Ronin_Network treasury isn't huge yet, but it grows every day. Marketplace and DEX fees are the largest drivers to current treasury inflows. In the future, even more revenue will be driven to the Ronin Treasury. As the treasury builds up into the tens of millions of dollars, $ron's low market cap no longer makes sense. $ron users have a claim on the treasury whether that mean buybacks, profit sharing. This could take years, and we are here for it. Ronin, Nintendo of Ethereum.

@phil_uplc @JaromirTesar And if you want to make a case for Midgard, you’ll probably need to address Vitalik’s arguments first. With rollup L2s already facing growing criticism in the Ethereum ecosystem, it’s worth seriously thinking about what real value Midgard can actually bring to Cardano.

L2 solutions are revolutionizing Ethereum by slashing fees, easing network congestion, and drawing in retail, businesses, and institutions. They enable new innovative apps and scale the ecosystem. Exciting future ahead as L2s propel crypto forward! #Ethereum #Crypto #L2 #DeFi #NF