Great article and helped explain what could sometimes appear as hostility towards Ethereum but now it's clear to me you really gave it a fair chance.
Just one minor point though, I also have concerns about the L2 ecosystem, particularly with fragmentation. However, I don't think Bankless pushed using CeFi platforms for bridging within L2s…
Great article and helped explain what could sometimes appear as hostility towards Ethereum but now it's clear to me you really gave it a fair chance.
Just one minor point though, I also have concerns about the L2 ecosystem, particularly with fragmentation. However, I don't think Bankless pushed using CeFi platforms for bridging within L2s. I think they suggested entering the L2 ecosystem direct via CeFi to completely avoid fees but from there you can use the DeFi bridges. Some are quite user-friendly but still annoying they are needed at all.
So the main risk is the initial onramp but that also applies to getting fiat into Bitcoin too.
Great article and helped explain what could sometimes appear as hostility towards Ethereum but now it's clear to me you really gave it a fair chance.
Just one minor point though, I also have concerns about the L2 ecosystem, particularly with fragmentation. However, I don't think Bankless pushed using CeFi platforms for bridging within L2s. I think they suggested entering the L2 ecosystem direct via CeFi to completely avoid fees but from there you can use the DeFi bridges. Some are quite user-friendly but still annoying they are needed at all.
So the main risk is the initial onramp but that also applies to getting fiat into Bitcoin too.