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š«”L2 as we knew it is over Vitalik Buterin said the old idea of āL2 = simple Ethereum scalingā no longer holds. Ethereum L1 is scaling on its own. At the same time, many L2s are moving too slowly toward full trust minimization. ā”ļø If an L2 brings real new properties, it earns its place ā”ļø If it doesnāt, it should be treated as a more independent network, not an Ethereum extension The market will have to reprice what ābeing an L2ā actually means. ā Subscribe to@cryp