There have been a few attempts to start private L1, but based on what EY's Paul Brody says they fail due to the complexity of validator politics and inability t

There have been a few attempts to start private L1, but based on what EY's Paul Brody says they fail due to the complexity of validator politics and inability to achieve a reasonable level of trustlessness. The more respectable public chains do not have this problem. It is also the reason why we have seen more companies launch their own L2's - L1's are just a messy business.