Tengji Zhang

L2s matter — skyscraper technology is essential to scaling any city — but they are not the end of the story. L2s are an “and”, not an “or”.

Ethereum is New York City; it is a happening place with the biggest DeFi protocols, the most TVL, the hottest DAOs and NFTs, but it is expensive. You scale by "building up skyscrapers" using L2 chain or "building out satellite towns" using interoperability networks that serve as highway connecting them.

Market will be more efficient but volume will also get bigger. Opportunity will still be there for big player like FTX.

Coexist with Ethereum? Gün (Avalanche)

• "The term Ethereum killer was a term  that was invented by a marketing  company that loves Ethereum"

Future of Smart Contract Platforms Gün (Avalanche):  A one-size-fits-all blockchain will get  dominated by whoever can pay the  highest fees (the DeFi folks)  They will crowd out everyone else