📉 Ethereum founder Vitalik redefines L2: the end of the era of general-purpose networks 🚀
Ethereum co-founder Vitalik Buterin recently (February 4) expressed a significant viewpoint that could change the investment logic of the L2 track. He pointed out that with the rapid evolution of Ethereum's underlying layer (L1), those general-purpose Layer 2 networks that only focus on "speed and cost-effectiveness" are gradually losing significance.
Core viewpoints summarized 🔍
Vitalik believes that due to the performance improvements of Ethereum's base layer, the L2 track is facing a major reshuffle. If L2 projects cannot provide "unique" features, they face the risk of being eliminated.
1️⃣ Say goodbye to the "low-cost" trap:
The core advantage of L2 in the past was low gas fees, but with the Dencun upgrade and the development of sharding technology, the competitiveness of Ethereum's mainnet is increasing. Relying solely on "cheap" is no longer sufficient to support the long-term value of an L2 project.
2️⃣ Must move toward "specialization":
Vitalik calls for L2 projects to seek specific application scenarios, such as:
🛡 Privacy protection (deeper application of ZK technology); 🎮 Gaming field (dedicated chains optimized for game engines); 📱 Social networks (specific structures supporting large-scale social data).
3️⃣ Differentiation is the way to survive:
If an L2 project cannot provide features that the mainnet cannot achieve, it will ultimately lose its appeal, facing depletion of users and liquidity.
Market insights 💎
This is an important indicator for investors. Future opportunities may no longer belong to those "jack-of-all-trades" L2s, but to those projects with a deep moat in privacy, gaming, AI, or specific industrial applications.
"L2 should do things that the base layer cannot define or is unwilling to implement." — This is Vitalik's new direction for ecosystem developers.
💬 Interactive topic:
Which L2 project do you think currently has the most "uniqueness"? In this wave of transformation, who can stand out? Feel free to share your thoughts in the comments! 👇
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