This is stupid to FUD

Clearly good if people are using more L2s (which was the intention) and that also makes the L1 more usable

There are questions on value capture, but this alone is not a bad thing at all

This is stupid to FUD

Clearly good if people are using more L2s (which was the intention) and that also makes the L1 more usable

There are questions on value capture, but this alone is not a bad thing at all https://t.co/CpeggKob1u

ceo @ helius.dev, host @ lightspeed, ex coinbase — wartime shitposter

We all thought there was a lot more demand to fill all new block space created by L2s, but we're capping out at about 25x the old L1 Cap.  

It's not enough to be sustainable and
We don't know how to generate more demand