updated 18d ago
Are L2s Ethereum? on Bankless
- The symbiotic relationship between L2s and Ethereum is undeniable. L2s thrive on Ethereum's infrastructure and security, while Ethereum benefits from the increased activity and increased demand for ETH, making it a better store of value.
from Are L2s Ethereum? on Bankless
Devin Baker added 18d ago
- At their core, L2s are deeply linked with Ethereum. They share its DNA — relying on ETH as the currency, benefitting from Ethereum's security blanket, and utilizing it for data storage and settlement. It's like a startup leveraging its parent company's infrastructure and brand recognition, a win-win for both.
from Are L2s Ethereum? on Bankless
Devin Baker added 18d ago