The rise of L2s, appchains, subnets, and network extensions aims to scale blockchain, but they all struggle with the same issue: decentralization.
š¶ L2sā Centralization Problem: Many L2s rely on small multi-sigs and centralized sequencers, making true decentralization nearly impossible. Optimistic rollups force you to trust the sequencer, creating a form of proof of authority. While ZK rollups are more secure, they demand extreme computational resources.
š¶ True Decentralization: The original vision of blockchain was global decentralizationāthousands of nodes from homes, boats, and garages, all running consumer-grade hardware. L2s cannot achieve this.
š¶ Token Misconception: You donāt need a token or your own chain to succeed. Building on an L1 with open, permissionless markets is 1000x better.
š¶ Sharding is the Answer: Every system wants to partition computation, storage, and networking. Sharding does it right, offering decentralization, security, performance, and composability.