19h ago
Is it really an "L1 premium" if you eat massive inflation for validator costs?
Your token might start high, but where does it end?
Never a better time to be an L2:
"Celo shut down 110 validators and cut security costs by 99.8%, from $6.9 million per year to just $13,200"
21h ago
Celo and Ronin just demonstrated why every alt L1 might eventually become an Ethereum L2
Celo shut down 110 validators and cut security costs by 99.8%, from $6.9 million per year to just $13,200.
Ronin paid out $35 million in staking rewards since 2023 just to maintain their L1.
Now they're redirecting those funds to developers who actually drive revenue.
They're processing 350,000 daily active addresses across 100 games, with transaction activity higher than during Axie Infinity's 2.8 million user peak in 2022.
And Blob capacity is increasing 8x with Fusaka upgrade.
The founder of Ronin put it best: "All EVM L1s are future L2s."
When you can outsource security to Ethereum for pennies instead of millions, keep your users, maintain your sovereignty, on a purely economical view the decision becomes clear.
Read this on @Cointelegraph by @andrewfenton
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