Layer 2 Is NOT a Threat to Ethereum — It's a Superpower! ⚡️🧠
According to Nick Tomaino, founder of 1confirmation, the belief that Layer 2 (L2) solutions hurt ETH is completely misunderstood. Here's why he's bullish on L2 and how it actually boosts the Ethereum ecosystem:
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Why Layer 2 Is a Game-Changer 🔥
More Freedom for Developers:
L2s enable devs to create independent app chains with greater autonomy.
EVM Ecosystem Gets Stronger:
More L2s = more apps built using the Ethereum Virtual Machine (EVM), growing the dev community.
More Activity, Less Supply:
Increased L2 usage can lead to more ETH burned, reducing supply and supporting long-term value.
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Nick’s Verdict:
L2s like Arbitrum, Optimism, Base, and zkSync are enhancing, not hurting Ethereum. They're scaling the ecosystem and driving utility.
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TL;DR:
Layer 2 isn’t ETH’s enemy — it’s its secret weapon.
