Loading video...

Video Failed to Load

Go Home

Declan Fox breaks down why most L2s won't survive: "It's less about infrastructure and more about L2s being economies, network states where the economics work. The L2s that are gonna survive are the ones thinking about how to grow as a network state with real income."

therollupco's profile picture

The Rollup

56,715 subscribers

14,419 views • 6 months ago •via X (Twitter)

LIVE

Anya Rossi• Live Now

Private livecam show

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

L2s have evolved through three eras: building the rails, making them efficient, and now the sovereign era. At Devcon 8 | Mumbai, India 🇮🇳’s ETH Day, Declan Fox presented what it takes for L2s to become self-sustaining economies.
5:22

L2s have evolved through three eras: building the rails, making them efficient, and now the sovereign era. At Devcon 8 | Mumbai, India 🇮🇳’s ETH Day, Declan Fox presented what it takes for L2s to become self-sustaining economies.

Linea.eth

19,753 views • 6 months ago

Bitcoin L2s explore scalable frontiers.⚡ BTCTN’s David talks to CharlieHu.sats of Bitlayer BitVM about building towards a "Bitcoin Renaissance." Jump into the discussion on Ethereum L2 insights and how Bitcoin L2s are approaching sustainable scaling. 👇
1:14

Bitcoin L2s explore scalable frontiers.⚡ BTCTN’s David talks to CharlieHu.sats of Bitlayer BitVM about building towards a "Bitcoin Renaissance." Jump into the discussion on Ethereum L2 insights and how Bitcoin L2s are approaching sustainable scaling. 👇

Bitcoin.com News

102,439 views • 1 year ago

To wrap up a week where DeFi and crypto values and ownership are being hotly debated, Watch the discussion Camila Russo had with the Ethereum Foundation's Marissa Posner Marissa Posner and Yoav Weiss yoav.eth at Devconnect about how Ethereum is committed to growing -- without ever relinquishing its values. “You can’t preserve Ethereum by giving up the things that made people trust it in the first place. Scaling Ethereum through L2s only works if L2s retain Ethereum’s values. Self-sovereignty is what blockchains are about — and we can’t lose that as we scale.” Watch:
40:00

To wrap up a week where DeFi and crypto values and ownership are being hotly debated, Watch the discussion Camila Russo had with the Ethereum Foundation's Marissa Posner Marissa Posner and Yoav Weiss yoav.eth at Devconnect about how Ethereum is committed to growing -- without ever relinquishing its values. “You can’t preserve Ethereum by giving up the things that made people trust it in the first place. Scaling Ethereum through L2s only works if L2s retain Ethereum’s values. Self-sovereignty is what blockchains are about — and we can’t lose that as we scale.” Watch:

The Defiant

26,841 views • 6 months ago

"L2s aren't generating fees for the L1, the L1 doesn't accrue value." That's like saying, when Facebook launched mobile: "Facebook, you’re not charging money for mobile." The more people used Facebook, the more valuable it became as a platform for advertising. Network effects kicked in, and today Facebook dominates advertising. It makes sense to let the L2s grow and create a huge ecosystem. If this is where everything is going to be built, then the L2s will accrue significant value. — Thomas (Tom) Lee (not drummer) FundstratDirect.com
2:42

"L2s aren't generating fees for the L1, the L1 doesn't accrue value." That's like saying, when Facebook launched mobile: "Facebook, you’re not charging money for mobile." The more people used Facebook, the more valuable it became as a platform for advertising. Network effects kicked in, and today Facebook dominates advertising. It makes sense to let the L2s grow and create a huge ecosystem. If this is where everything is going to be built, then the L2s will accrue significant value. — Thomas (Tom) Lee (not drummer) FundstratDirect.com

rip.eth

63,158 views • 6 months ago

Yesterday, our Head of Linea, Declan Fox sat down with Tanay Pant to cover Linea’s TGE, the future of L2s and what's coming next. From "The Great L2 Consolidation" to DeFi 3.0, here are the key takeaways from their discussion.
24:41

Yesterday, our Head of Linea, Declan Fox sat down with Tanay Pant to cover Linea’s TGE, the future of L2s and what's coming next. From "The Great L2 Consolidation" to DeFi 3.0, here are the key takeaways from their discussion.

Linea.eth

46,422 views • 9 months ago

The problem with most Bitcoin Layer 2s being worked on today - including Lightning, Ark, pretty much every BitVM-bridged L2, etc - is that they don't meaningfully contribute to Bitcoin's security budget. There exists a fundamental tension between the need for Bitcoin scaling solutions - which ostensibly take txs (and fees) out of blocks - and the need to bolster Bitcoin's security budget with fees as the block subsidy declines. This is something Drivechains almost certainly gets right - L2s that merge mine are incentive-aligned with miners in a way that other L2s fundamentally are not. Paul Sztorc believes this incentive-misalignment will ultimately doom most of the L2s getting attention right now as a result... curious what folks think about this.
0:57

The problem with most Bitcoin Layer 2s being worked on today - including Lightning, Ark, pretty much every BitVM-bridged L2, etc - is that they don't meaningfully contribute to Bitcoin's security budget. There exists a fundamental tension between the need for Bitcoin scaling solutions - which ostensibly take txs (and fees) out of blocks - and the need to bolster Bitcoin's security budget with fees as the block subsidy declines. This is something Drivechains almost certainly gets right - L2s that merge mine are incentive-aligned with miners in a way that other L2s fundamentally are not. Paul Sztorc believes this incentive-misalignment will ultimately doom most of the L2s getting attention right now as a result... curious what folks think about this.

Isabel Foxen Duke⚡️

20,685 views • 9 months ago

L2s are the suburbs. They’re nice but a bit isolated from the action. The L1 is where it’s at. That’s Downtown. Kevin Lepsoe breaks this down further on 11AM w/ Seed Club.
0:46

L2s are the suburbs. They’re nice but a bit isolated from the action. The L1 is where it’s at. That’s Downtown. Kevin Lepsoe breaks this down further on 11AM w/ Seed Club.

ETHGAS

16,639 views • 2 months ago

general purpose L2s are parasitic to ethereum you split the user base, and especially post EIP-4844, the value accrual to the L1 is minimal the future lies with purpose-built L2s that just do one thing deeply at codex, we get deep on stablecoins
0:44

general purpose L2s are parasitic to ethereum you split the user base, and especially post EIP-4844, the value accrual to the L1 is minimal the future lies with purpose-built L2s that just do one thing deeply at codex, we get deep on stablecoins

haonan

24,916 views • 6 months ago

Bartek Kiepuszewski (bartek.eth), the founder of L2BEAT 💗, sat down with David to talk about a wide variety of topics connected to the ETH Layer 2 ecosystem. Bartek explained L2Beat’s purpose, evolution, metrics and framework. He also talked about trends and challenges in L2 development, and the future for L2s. For those worried that a discussion solely about L2s, and L2 decentralization in particular, might be too technical or dry, worry not. Bartek was easy-to-understand and had a knack for keeping it entertaining.
24:04

Bartek Kiepuszewski (bartek.eth), the founder of L2BEAT 💗, sat down with David to talk about a wide variety of topics connected to the ETH Layer 2 ecosystem. Bartek explained L2Beat’s purpose, evolution, metrics and framework. He also talked about trends and challenges in L2 development, and the future for L2s. For those worried that a discussion solely about L2s, and L2 decentralization in particular, might be too technical or dry, worry not. Bartek was easy-to-understand and had a knack for keeping it entertaining.

Bitcoin.com News

45,885 views • 1 year ago

here’s a spicy exchange between me and coinbase from the token2049 mainstage 2 weeks ago about why we didn’t choose Ethereum L2s for tokenizing GLXY
4:50

here’s a spicy exchange between me and coinbase from the token2049 mainstage 2 weeks ago about why we didn’t choose Ethereum L2s for tokenizing GLXY

Alex Thorn

28,037 views • 8 months ago

L2s aren’t parasitic, they're resellers of Ethereum blockspace. In Joanna Zeng @ SOON (🔴,💊)📍🇺🇸🗽 (Mainnet Arc)'s latest pod w/ trent.eth, we unpack how L2s create structural demand for Ethereum’s core resources, expand utility across new markets, and contribute to long-term $ETH value. L2s (including EVM-compatible or SVM-based L2s with Ethereum dependencies) are an indispensable piece of the puzzle that allow Ethereum to scale and improve UX for users downstream. 🎥👇
3:07

L2s aren’t parasitic, they're resellers of Ethereum blockspace. In Joanna Zeng @ SOON (🔴,💊)📍🇺🇸🗽 (Mainnet Arc)'s latest pod w/ trent.eth, we unpack how L2s create structural demand for Ethereum’s core resources, expand utility across new markets, and contribute to long-term $ETH value. L2s (including EVM-compatible or SVM-based L2s with Ethereum dependencies) are an indispensable piece of the puzzle that allow Ethereum to scale and improve UX for users downstream. 🎥👇

SOON - Solana Optimistic Network (Mainnet Arc)

27,359 views • 10 months ago

Most Bitcoin L2s are trying to bring DeFi to Bitcoin. GOAT Network is bringing DeFi too, but the bigger goal is making Bitcoin the settlement layer for all machine commerce. AgentKit 0.2.1 adds 23 new actions for AI agents.
1:03

Most Bitcoin L2s are trying to bring DeFi to Bitcoin. GOAT Network is bringing DeFi too, but the bigger goal is making Bitcoin the settlement layer for all machine commerce. AgentKit 0.2.1 adds 23 new actions for AI agents.

GOAT Network

631,119 views • 21 days ago

🛠️Yesterday at EthCC - Ethereum Community Conference, Declan Fox gathered to reflect on the key highlights of the week — from institutional adoption to the growth of the Ethereum ecosystem — and explored how United Protocol is carving out a unique position among L2s.
2:36

🛠️Yesterday at EthCC - Ethereum Community Conference, Declan Fox gathered to reflect on the key highlights of the week — from institutional adoption to the growth of the Ethereum ecosystem — and explored how United Protocol is carving out a unique position among L2s.

UNITED PROTOCOL

10,876 views • 11 months ago

Why has Mantle the lowest transaction fees of all Ethereum L2s?
0:54

Why has Mantle the lowest transaction fees of all Ethereum L2s?

1delta

45,507 views • 2 years ago

"We might be a simulation. My theory about why the most interesting outcome is the most likely, which is that only the simulations that are the most interesting will survive, because when we run simulations in this reality, we truncate the ones that are boring." 一 Elon Musk
3:34

"We might be a simulation. My theory about why the most interesting outcome is the most likely, which is that only the simulations that are the most interesting will survive, because when we run simulations in this reality, we truncate the ones that are boring." 一 Elon Musk

DogeDesigner

42,256 views • 5 months ago

Yesterday, on the final day of EthCC - Ethereum Community Conference, Declan Fox and gwen.eth got together to recap the week's key highlights—from institutional growth within the Ethereum ecosystem to how Linea is carving out its unique position among L2s.
2:36

Yesterday, on the final day of EthCC - Ethereum Community Conference, Declan Fox and gwen.eth got together to recap the week's key highlights—from institutional growth within the Ethereum ecosystem to how Linea is carving out its unique position among L2s.

Linea.eth

63,385 views • 11 months ago

Tim Draper is a legendary investor and seeing him excited about Stacks and Bitcoin L2s made my day 🙏
5:05

Tim Draper is a legendary investor and seeing him excited about Stacks and Bitcoin L2s made my day 🙏

muneeb.btc

95,729 views • 2 years ago