Several viewpoints on #Layer2 First, some believe that Layer2 decentralizes the Ethereum ecosystem and value. In fact, it does not! Most protocols still primarily rely on Ethereum Layer1, and large funds that prioritize security feel more secure with Ethereum Layer1, while this group of users is also not sensitive to its high Gas fees. Ethereum Layer2 does not take away the ecosystem and value of Ethereum Layer1. What Ethereum Layer2 takes away is the ecosystem and value of high-speed public chains like BSC. Second, the positioning of Ethereum Layer2 is essentially like a discounted version of Taobao. Ethereum, as the earliest and largest public chain for developing applications, is like Taobao Tmall. The high-speed public chains that have developed later are equivalent to Pinduoduo, where low prices (low gas) are one of the main advantages. Although Layer2 has a very complex and profound technical narrative on the supply side, its use and positioning are akin to a discounted version of Taobao, used to compete with Pinduoduo public chains. Third, the more technically and securely advanced technology is #ZK technology. However, the better user experience is with #optimism, and the ecosystem that is developing faster is currently also optimism and #arbitrum. Fourth, as a part of the Ethereum ecosystem, with the development of the Ethereum ecosystem (possibly web3), Layer2 is unlikely to be absent from a major bull market. Fifth, as a discounted version of Taobao, Layer2 has received high expectations, but its explosive potential may be limited. So-called viewpoints are subjective judgments, and everyone is welcome to discuss! ------- This tweet is sponsored by #XT Exchange @XTExchangecn @Xt100U | Value coins on XT.