BlockBeats news, on September 19th, BlockBeats reporter reported on-site that Kyle Samani, co-founder and managing partner of Multicoin Capital, spoke at the main venue of TOKEN2049 on the first day of the conference on the topic of 'Why SOL Will Flip ETH'. He said that the intention of the ETH roadmap is to move transactions from L1 to L2, and they have indeed achieved this. However, in the process, they have also transferred all the actual value appreciation to the usability of the assets. If we look at the data of the entire L2 and the percentage of transactions transferred from L1 to L2, we will know that everything is now on L2, with over 90% on L2. This is for design considerations, which is good. They have achieved their goals, but what is the purpose? They are talking about this DA value tool. Here, we are discussing the approval of DA value. In fact, L2 is the party that earns all the profits.
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Multicoin co-founder: 90% of ETH ecosystem transactions occur on L2, Mainnet revenue greatly reduced
BlockBeats news, on September 19th, BlockBeats reporter reported on-site that Kyle Samani, co-founder and managing partner of Multicoin Capital, spoke at the main venue of TOKEN2049 on the first day of the conference on the topic of 'Why SOL Will Flip ETH'. He said that the intention of the ETH roadmap is to move transactions from L1 to L2, and they have indeed achieved this. However, in the process, they have also transferred all the actual value appreciation to the usability of the assets. If we look at the data of the entire L2 and the percentage of transactions transferred from L1 to L2, we will know that everything is now on L2, with over 90% on L2. This is for design considerations, which is good. They have achieved their goals, but what is the purpose? They are talking about this DA value tool. Here, we are discussing the approval of DA value. In fact, L2 is the party that earns all the profits.