jesse.base.eth πŸ”΅ pfp
jesse.base.eth πŸ”΅
@jessepollak
the growth of ethereum L2 over the last year has been incredible (~4x activity, ~2x TVL). and it's just getting started. l2beat.com
3 replies
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Ben pfp
Ben
@benersing
Do you see it impacting value capture at the L1 level?
1 reply
1 recast
0 reaction

jesse.base.eth πŸ”΅ pfp
jesse.base.eth πŸ”΅
@jessepollak
L2s will be large, consistent buys of blobspace/blockspace on L1 forever
1 reply
0 recast
12 reactions

Hexidethmal πŸŸͺ pfp
Hexidethmal πŸŸͺ
@hexidethmal
I also think that paradoxically the perma-high L1 fees will be (remain?) a feature, not a bug, of an entire class of luxury digital objects that don’t actually want to be on a cheaper L2. Beyond L2s, there will always be direct application demand for L1 blockspace.
1 reply
0 recast
2 reactions