Faisal Nadeem syyed
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Bullish
$ETH
They have the wrong accounting model, the wrong virtual machine, and the wrong consensus model," Hoskinson stated during the AMA session.
Hoskinson sees the main threat to Ethereum in the L2 solutions ecosystem, such as Arbitrum and Optimism. Instead of solving scalability issues, these networks, in his opinion, draw value away from the main chain. "Layer 2 solutions are more like parasites — they take all the profit out of the main chain. Instead of integration, we see disintegration," he noted.
They have the wrong accounting model, the wrong virtual machine, and the wrong consensus model," Hoskinson stated during the AMA session.
Hoskinson sees the main threat to Ethereum in the L2 solutions ecosystem, such as Arbitrum and Optimism. Instead of solving scalability issues, these networks, in his opinion, draw value away from the main chain. "Layer 2 solutions are more like parasites — they take all the profit out of the main chain. Instead of integration, we see disintegration," he noted.
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