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The Layer 2 Dilemma of Ethereum: The Crisis-Ridden "Zunyi Conference"
** Layer2: The Beautiful Vision in the Early Stage **
Layer 2 was originally designed as Ethereum's "local bank," helping to alleviate network pressure, allowing Ethereum to simply "lie back and collect money." However, Layer 2 projects are unwilling to forever play the subordinate role to Ethereum, making this relationship subtle and complex.
** Four Major Issues Brought by Layer2 **
Frequent switching and cross-chain operations by users lead to complex and cumbersome processes.
Each issuance Token of Layer2 is "biting off" a part of Ethereum's market capitalization.
Different interest groups are behind Layer 2, leading to intense competition.
As more Layer 2 solutions emerge, the simple copy-and-paste model stifles true innovation.
The ideal Layer 2 should focus on specific applications rather than becoming an independent ecosystem. However, in reality, every Layer 2 wants to be the "big boss," leading to divisions within Ethereum.
** The Market Challenges of Ethereum**
Unlike other public chains, Ethereum lacks a dedicated marketing team and has no budget to promote or attack competitors. While this maintains Ethereum's spirit of decentralization, it also puts it at a disadvantage in terms of market presence.
** Future Challenges and Choices **
If the Layer 2 issues are not effectively resolved, Ethereum may repeat the fate of Cosmos; however, if it can successfully overcome this challenge, Ethereum will usher in new development. Just like the transformation of Bored Apes from cool to 'boring', will Ethereum also lose its 'cool'? This will be a question to follow in the future.
What should ordinary people do?
[No investment advice, the crypto world is risky, investors should be cautious!]
Not much time to study, and I don't want to be distracted contributing real money to others while wanting to profit steadily in the encryption industry. You can try quantitative strategies, such as using the CCR smart spot trading robot and the CCG contract quantitative robot, to reasonably control your Position, calculate trading entry and take profit timing with big data, and free up human resources!