It's becoming increasingly obvious to me that Ethereum is doing something different than any other chain.
Ethereum is transforming into a zk chain.
L1 will run global DeFi:
- Big blocks (10k TPS)
- Nodes that run on a phone
L2s will run everything else:
- General purpose L2s like Base/Arb
- Appchain L2s like Lighter (e.g. perps app)
No other chain is executing on this strategy - using zk for max scale and decentralization - no shortcuts.
Bitcoin ossified with 1st generation cryptography.
Ethereum is upgrading to 2nd generation cryptography.
Other chains are scaling with nodes that need to run in datacenters.
Ethereum is extremely ambitious, unlike anything.
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