Base is doing things the right way: an L2 on top of Ethereum, that uses its centralized features to provide stronger UX features, while still being tied into Ethereum's decentralized base layer for security.Base does not have custody over your funds, they cannot steal funds or stop you from withdrawing funds (this is part of the L2beat stage 1 definition).You can see Base's status as an L2 on l2beat: https://t.co/bBrvnbxSgDI feel like many people have been confused by recent cynicism and think that things l ...

Key Players in the Crypto Space - Ethereum leads with approximately $330 billion in user assets [1] - TRON follows with around $82 billion in user assets [1] - Solana holds approximately $34 billion in user assets [1] Market Share - Ethereum hosts a significantly larger share of user assets compared to TRON and Solana [1] - Only three platforms host over $30 billion in user assets [1]

Market Trends - The proliferation of Layer 1 (L1) chains, including corporate, AI, and DePIN L1s, will lead to the disappearance of the L1 premium [1] - Launching generic Layer 2 (L2) solutions is becoming similar to the trend observed in 2023 [1] Strategy & Development - The focus is on building the fastest chain possible through extreme node specializations [2] - The strategy is to avoid the L1 versus L2 debate and pursue a different approach [2]

L2 Construction & Strategy - The optimal approach to building an L2 involves maximizing the utilization of the L1's inherent features, such as security, censorship resistance, proofs, and data availability [1] - L2 logic should be streamlined to focus on sequencing and proving, or solely proving if based [1] - Ethereum L2s enable trust minimization and efficiency, which enterprise blockchains sought in the 2010s but couldn't achieve [2] Industry Trends & Predictions - There is a prediction that most alt-L1s will transition into L2s [2] - Celo's integration into Ethereum's ecosystem, including carbon initiatives, inflation reduction from 2% to 1%, block time reduction from 5s to 1s, and legacy code elimination, serves as a playbook for this transition [2]