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Wandor
@wandor
In this episode of the @superseed podcast, company founder David Yoke discusses how Layer 2 (L2) blockchains work alongside Ethereum and contribute to its development. Key ideas: ⚪ L2 blockchains attract new users to Ethereum. People use ETH (Ether) as currency on these L2s, which expands Ethereum’s audience. ⚪ Each blockchain has its own culture. L2 blockchains can appeal to different people through their unique characteristics, while Ethereum maintains its identity. This helps it grow and evolve. ⚪ Companies building blockchain tools gain more clients thanks to L2. This benefits both Ethereum and the L2s themselves. ⚪ L2 blockchains are secured by Ethereum. This allows them to experiment with new ways of rewarding users, like Superseed’s debt repayment rewards system. ⚪ Superseed leverages the advantages of being an L2 on Ethereum. This allows them to experiment with new reward distribution methods without spending resources on security. Full video : https://youtu.be/6vgsFXpfu0Q
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