Flies can mature and reproduce one day after birth. It only takes a few days for mosquitoes to reproduce from eggs. The price of this high-frequency trading and reproduction is that they can only stay at a low level of physiological structure and intelligence for a long time, and cannot evolve complex intelligence.

Homo sapiens needs ten months of pregnancy and more than ten years of postnatal education and training to mature, which requires a huge cost and a high probability of premature death. However, without this complex process, it is impossible to form advanced intelligence and complex community structure.

Some people mistakenly believe that some public chains can truly support complex applications because they see that they have the ability to trade at high frequencies, attract some liquidity, and bring about a rapid rise in short-term prices. It's like seeing flies and mosquitoes reproduce into a large group of black masses, and mistakenly thinking that they can produce advanced intelligence.

I believe that all L2s doing financial applications aim to expand their scale and eventually become important members of the "L1+L2" system. So whether to give up the "trustless" of the L1 level in the design from the beginning must be thought clearly, because a "gold necklace" that will rust when worn around the neck is not a gold necklace. I think giving up "trustlessness" will seriously hinder the scale of "pseudo L2". Among the 38 L2 projects currently running on L2Beat, the funding scale of "real L2" is more than 10 times that of "pseudo L2". It can be seen that the market cares and everyone does not want to end up doing "human mining".

Ethereum will become the dominant open source global settlement network, carrying most of the activities in the business sector that have the greatest potential to benefit from migrating business functions to public blockchains.

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