I just digged in my gists on GitHub to look for the MistCoin token code, and found the original conversation around ERC20, before I created the ERC20 GitHub issue 😄
The real OGs discussed there, incl. @VitalikButerin and @avsa
We chose to create a new Layer 1 blockchain, using the most sophisticated and developed PoS consensus algorithm from Ethereum’s Mainnet. This choice allows the LUKSO Blockchain to benefit from the broader Ethereum development, client diversity, and fork upgrades, while we focus on what we can do best: standards development and bringing them to life with new interfaces, platforms, and developer tooling.
"[For LUKSO] Layer 2 chains were not an option, as they do not yet have the proper security for anything that is not bridged. When we’re talking about your account, your friends, followers, votes, reputation, and so forth, these elements are not easily able to be bridged from a Layer 1 blockchain first, securing at best only your assets."
"We initiated the LUKSO Standards Proposals (LSPs) to create a separate standards track as a clean slate to evolve the Ethereum standards (ERC). This was essential for radically rethinking the core building blocks for decentralized applications and builders, free from the constraints of backward compatibility or the incremental processes inherent to existing standard discussions — an approach that would not allow for such comprehensive changes."
PECTRA happened on Ethereum. @lukso_io will get it next, bringing all the new features + all the new standards. Big times. Watch out for announcements regarding LUKSO Pectra.