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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Layer-2 chains were supposed to be the next evolution of blockchain scalability, and in some ways, they delivered. They made transactions faster and cheaper, helped projects scale rapidly, and gave Ethereum (ETH) … Read more
Key Takeaways Andre Cronje criticizes Ethereum L2 solutions for prioritizing profits over Ethereum’s decentralized principles. Ethereum’s supply has exceeded pre-Merge levels, indicating a return to inflation driven by L2s. Share this article Andre Cronje, founder of Sonic Labs and called “deFi Godfather”, has criticized Ethereum L2 solutions for their handling of profits and potential misalignment … Read more
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