Multicoin Capital’s Samani Calls for Improved Standards to Address Ethereum’s Layer 2 Problems

September 9, 2024 at 11:05 AM GST updated: September 9, 2024 at 10:59 AM 2 mins read News Kyle Samani highlights that Ethereum’s interoperability issues and Layer 2 value capture loss account for 80-90% of its recent performance decline. Samani criticizes Ethereum’s focus on decentralization, arguing it overlooks user needs and financial efficiency compared to…

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Centralized Layer 2 Solutions Threaten Ethereum’s Future as Price Declines

September 2, 2024 at 09:18 PM GST updated: September 2, 2024 at 11:18 AM 2 mins read News Ethereum’s L2 scaling solutions face criticism for centralization, risking user security with frequent downtimes and technical issues. Recent L2 failures, like Linea and Starknet, highlight the dangers of centralization, raising concerns about Ethereum’s future. Ethereum’s price downtrend…

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