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Lei Yang

๐Ÿ‘ค Speaker
495 total appearances

Appearances Over Time

Podcast Appearances

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

And to like the narrative of...

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

about Ethereum wasting the last four or five years, quote unquote, chase the Layer 2 roadmap.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

I don't think that's valid because first one has to consider, I think, the origin of the Layer 2 roadmap.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

I think it's really just because I think back in 2018, the hot topic about scaling is sharding, right?

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

Remember that?

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

And then a natural evolution of sharding is layer twos because you can basically regard each shard as a layer two today.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

And I think the original idea is that Ethereum would run and operate all the shards together.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

And I think then the question comes, hey, why does it have to be Ethereum?

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

Why don't we just delegate it to a few teams so that we get some diversity, some computation, some experimentation?

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

I think experimentation is one of the most interesting things that came out of the Layer 2 roadmap.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

Because with the roadmap, I think Ethereum started to focus on really building the substrate that can support experimentation.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

I don't think...

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

many people in the community kind of realized how general purpose the Ethereum infrastructure has become in terms of supporting consensus-less

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

which are Layer 2s, the DA, the dank sharding, the portal dank sharding, and all the upgrades and the blobs, I think they all are critical in terms of supporting the Layer 2 infrastructure.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So now that the infrastructure is done, I think it's actually fine that the Layer 2 is kind of back at scaling itself, which I think is totally logical because you also need a good coordination Layer 2 to synchronize all the Layer 2s to serve as the hub.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

But I really don't think like the energy we spend on this substrate is wasted or something because I think mega is only possible because Ethereum was chasing this layer two centric roadmap for a few years.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

I'm extremely grateful that it did so so that we can have this interesting experiment we're working with and as well as many other experiments I think that are going to come.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So yeah, I don't think it's a sunken coaster in any sense.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

It's actually pretty good.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

Yeah, of course.