Ethereum’s historic blindspot was over-embracing the "unicorns and rainbows" philosophy to the point that under the guise of credible neutrality, it became taboo for anyone on the L1 side to admit a basic truth: Not all L2s are created equal. At peak, we had dozens of competing L2s with wildly dif
@sgoldfed·Jul 13, 2026·2 sources·negative
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Ethereum's over-embrace of 'credible neutrality' prevented honest acknowledgment that not all L2s are equal, with only a few like Arbitrum driving real value.
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Ethereum’s historic blindspot was over-embracing the "unicorns and rainbows" philosophy to the point that under the guise of credible neutrality, it became taboo for anyone on the L1 side to admit a basic truth: Not all L2s are created equal. At peak, we had dozens of competing L2s with wildly dif
@sgoldfed
Jul 13, 2026
RT @sgoldfed: Ethereum’s historic blindspot was over-embracing the "unicorns and rainbows" philosophy to the point that under the guise of…
@offchain
Jul 13, 2026