Abstract Contributor: L2 will compete with Ethereum in the short term, but in the long run, it is a way to help it defeat other L1s

【Abstract Contributor: L2 will compete with Ethereum in the short term, but in the long run, it is a way to help it defeat other L1s】 Golden Finance reports that Jesse Pollak, head of the Base protocol, believes that 'Ethereum and L2 are not in a zero-sum competitive relationship.' Abstract Chain contributor cygaar stated in a post on X: 'This might be a somewhat controversial view, but I truly believe L2 will compete with Ethereum L1 in the short term. Many workloads that once existed on L1 (NFTs, transactions, DeFi, games) have already migrated to L2, leading to a reduction in fees generated/destroyed on L1 over the past few years. However, I'm saying 'short term' because I believe L2 is the only way for the Ethereum ecosystem and ETH assets to compete with a large number of new L1s. One of Ethereum's greatest features is its emphasis on decentralization. Unfortunately, most users do not care about decentralization until it's too late. L2 provides Ethereum with a way to maintain a highly decentralized platform while still being able to support fast and cheap transactions that compete with alt-L1s. What Jesse is saying here is that, in the long run, he hopes L2 will be able to handle so much traffic that the fees currently generated by Ethereum will exceed those generated before the emergence of L2. I tend to believe this is true. In summary, I think it can be acknowledged that L2 will indeed reduce the value accumulation of L1 in the short term. However, I believe that in the long run, L2 is beneficial to Ethereum and will be a way for Ethereum to defeat many emerging L1s.