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. ...

Forever top on L1s which aren't snowflakes (real).https://t.co/JiRvtLxguhMosi (@VannaCharmer):L1 premium will soon turn into L1 discount ...

in before ppl start claiming L3s are bullish for L1s ...

AI in its general-purpose L1 eraLuke Wroblewski (@LukeW):everybody’s building the same thing. https://t.co/n4Yx39Toa5 ...

The landscape of infra tokens, both L1 and L2, are largely uncreative and are massively mispriced if the value they capture is solely the thing being driven to zero (tx fees)Ignas | DeFi (@DefiIgnas):What's the upside for L2 tokens?Fee sharing?Even if they turned on fee sharing, it's not much:Arbitrum made $19.5m in fees in a year. Optimism $18.3m.zkSync just $1.3m and Starknet $600k.This Price(FDV)-to-Fees ratio puts Arbitrum at 137.8x, and Optimism at 205.7x https://t.co/eTQ8WMy6md ...

I think if L1/etc teams that are now years along the road and very close to full early stage investor unlocks want these inflation reduction proposals to be taken seriously, they need to include provisions that retroactively slash the inflation rewards for the past X years that investors and team with staked locked tokens were also receiving (assuming in these cases that the early investors weren’t already selling their locked staked token rewards)Props to NEAR for trying shift their economic security model ...