I'm so ready for these L1/L2/L-whatever categories to go away.Literally doesn't matter and just leads to alignment bickering. They're all just chains.Steven Goldfeder (@sgoldfed):Every 6-8 months, the crypto community rotates between whether it’s cooler to be an L1 or an L2.Glad to report that we’ve officially entered the L2 rotation. ...

Layer Technology Analysis - Layer 1, Layer 2, Layer 3, or Layer n are marketing terms with no technical significance [1] - Purchasing decisions based on the number of layers (Ln's) is not advisable [1] Technical Perspective - All layers ultimately function as state controllers [1]

Update:Its been tossed around that they will launch an L1, rather than follow Robinhood's footsteps with an L2. No official confirmation here yet, but I've heard this from multiple sources (in person and in DMs).Robinhood vs. Coinbase for now. Soon Stripe enters the game.Andy (@ayyyeandy):Rumor mill is saying Stripe is the next major fintech company to launch their own chain. ...

robinhood just executed the most aggressive tradfi-to-crypto infrastructure play we've seenlaunched 213 tokenized stocks/etfs on arbitrum for eu customers. 24/7 trading at $0.03 per transaction. 1,105 tps with 16-minute finalitybut here's the real move: they're building "robinhood chain" - their own l2 on arbitrum orbitceo vlad tenev said they avoided solana due to mev concerns. wanted to be "a landlord, not a tenant" with full validator controlthe strategy is two-phase:• start on arbitrum one for liquidity ...

abstract just hit $25M in ecosystem revenue after 5 months. that's #3 among all ETH L2s.89M+ transactions processed, 323k+ stakers locked in, and the gaming side alone has pushed $10M+ in payouts. gacha tickets selling 4M+ deep, myriad markets breaking $5M volume, moonsheeverse pulling 300k+ games in week one.red bull racing partnership still dropping daily NFTs, sugartown launching instant tournaments, roach racing adding pro mode. builders keep shipping and calling it PMF.revenue on a consumer L2 that act ...

RT Michael Silberling (@MSilb7)4 years later and I finally experienced the benefits of an "L2 secured by Ethereum."I had ETH stuck on OP Mainnet in @coinbase's web3 mpc wallet for almost 3 years. I was waiting for OP Mainnet support, it never came, and now the product is sunsetting.I made a last ditch effort to try to send an L1 transaction that triggered an ETH transfer from my CB web3 wallet to a normal wallet on L2, and... IT WORKED ...

"MegaETH has meme'd the fast big box thing, but empirically all the other L2s are doing the same thing."Nah dawg @jon_charbThe difference won't be, and isn't already, the "same thing" either empirically or logically.Full transaction lifecycle will always be orders of magnitude faster than chains with consensus (L1s).Throughput will always be orders of magnitude higher than chains bound by Ethereum DA (rollups).We're making very deliberate design-decisions that separate us from the field on both of these fro ...

RT Eli Ben-Sasson (@EliBenSasson)My thoughts on the Robinhood--Arbitrum news, as leader of a competing technology:1. Its a big win for Arbitrum, and a well deserved one. They have a very good tech stack and team. I like them. Well done @EdFelten @ajwarner90 @sgoldfed and team!2. Its a big win for Ethereum and all L2s on it. This indicates more tradfi players will use this set of stacks -- Ethereum, EVM and L2s. That's good news for Starknet.3. First of Two big questions -- what are the details of the deal: ...

Infrastructure Development - The industry is experiencing an infrastructure shift [1] - Robinhood is now running core stock operations on Arbitrum [1] - Circle is unifying USDC across chains [1] - Sony is building an L2 solution [1] - Caldera metalayer is connecting over 100 rollups for 10 million users [1]

RT BREAD | ∑: (@0xBreadguy)It would appear my morning schedule forced me to miss the actual announcement: Robinhood L2 ala Base.This is:→ Bullish $ETH (as much as a separate chain can be)→ Neutral $ARB (*points to $OP*)The biggest question for me now is who they'll appoint as chain founder.If it's vlad this shit sends. If it's some weirdo who doesn't play in CT then it probably does a Kraken-like move and "meh" ...