Ethereum

Max Resnick is MLGA - a new sect of Ethereum that wants to Make L1 Great Again.

He thinks Ethereum has made a mistake by "giving up" on L1 and pushing everything to L2s.

I asked if he was trying to start an ETH civil war because his takes are...spicy.

But, is he right?

https://www.youtube.com/watch?v=FLUJ0uLye0U

This was a great episode. Max raises some important points, particularly about the need for L2s to properly commit to decentralised sequencing but perhaps they may not due to misaligned incentives. As Charlie Munger once said “show me the incentives and I will show you the outcome”