2 ms·
> L2s are the PayPals etc that make "the internet" (cryptocurrency) useful for "the normies" (later adopters). That's a lie people tell themselves to justify E
by _xrp0 4y ago
> L2s are the PayPals etc that make "the internet" (cryptocurrency) useful for "the normies" (later adopters).
That's a lie people tell themselves to justify Ethereum's platform.
The reality is that I can build scalable L1 dapps on Algorand that "normal" users can use at extremely low cost.
- aaaaaaaaata 4y agoThe cost of having nobody else on the network your app is using is arguably pretty high.
- _xrp0 4y agoThat's a good argument if you're a short-sighted business looking for short term profits. As a dev however, that sounds foolish to me. Also, chains like Algorand or Cosmos don't have "nobody else on the network".
- aaaaaaaaata 4y agoTo the multiplier that is ETH numbers in comparison? Effectively nobody.