the l2 roadmap was probably one of the best thought out 5D chess moves of all time. the EF purposefully crashed ethbtc and ethsol to psyops all the competitors into l1 scaling - a fake gold rush.
vitalik put on a milady and crashed out to make it seem more realistic. to complete the demoralization, drake proposed a 10-year plan for beam chain, of which 9 was “pilling” and half the client teams went on breaks. they even sent max as a double agent to solana (study huang gai in red cliff).
but now it turns out u don’t need to scale the l1. tradfi are happy with an evm fedchain that has no value accrual bc of pectra and does 50tps. accruing value was the final thing holding ETH back. Better to be money than to be useful.
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