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It seems to me that MATIC is making a good play as well.
by SubiculumCode 6y ago
It seems to me that MATIC is making a good play as well.
- casi 6y agoMatic is not an L2 though, it is a side chain. The reason L2s like optimism are exciting is because they inherit the security of ethereum mainnet. (matic has its own consensus mechanisms).
- SubiculumCode 6y agoMatic Polygon is a L2 aggregator. https://www.coindesk.com/matic-network-polygon-targets-ethereum-layer-2-woes https://www.coindesk.com/matic-network-polygon-targets-ether...
- hanniabu 6y agoOptimism also isn't rent seeking with their own coin. All gas is still paid in ETH.
- SubiculumCode 6y agoI would call L2 coins rent seekers. Reducing gas,increasing thruput among other things
- hanniabu 6y agoExactly, it's a money grab. Optimism doesn't have a coin and have no plans to create one. ETH is be the only way to pay for gas on their rollup just as is the case on L1.
- SubiculumCode 6y agosorry, typo. I don't view matic as rent seekers. The opposite of your view.