Namik

You have to use EFDA.

And we can try to build the most performance systems we can and hopefully capture new sections of the market.

I think for me, it's a sad realization of like Moloch won almost in some ways, right?

We have to be honest.

Everyone has different incentives, right?

Like I remember one of these points was there's been stage one roll-ups that told me they did not want to become stage two, point blank.

And the reason is because it was the regulatory environment.

They prefer to be more centralized.

And, you know, it's like, it's a bit of a shame, I would say, right?

But I also acknowledge that we are to blame as well, right?

There was another article that came out a few days before these tweets, which was like, Maggie from the depth of this stage one roll up, where the entire argument in that article was, hey, like,

So far, everybody who basically disregarded the traditional value sets of like following Ethereum L2 convention, they were not very serious people, right?

They were not trying to build really, really good product.

While what our team did is like we were, we kind of foresaw, we forsaked some of those value propositions trying to build good UX.

And so I think we're to blame as well.

On my end, I think it's good that the L1 is scaling.

I think it is a bit of an overreaction to say that Ethereum will no longer need L2s.

The reason why Ethereum is cheap now is because all activity moved to L2s.

But like,

you know, we will very quickly get back to a world where like there's $200 transactions on EFL1.