L2s Achieve Commercial Success, but Ethereum Faces a Strategic Paradox
Analysis by _gabrielShapir0 suggests that while major enterprise-grade Layer 2 (L2) networks are commercially successful, they remain in 'Stage 0' or 'Stage 1' and contribute minimally to Ethereum's settlement layer. Most L2 operators prioritize control and regulatory compliance over the 'Stage 2' decentralization required for true Ethereum settlement.
Summaries are written by AI from the original article. Not investment advice.