How can Ethereum's Layer 2 compete with non-EVM giant Solana?

Original title: “Simple Thoughts on L2 Competing with Solana”

Original author: Blue Fox Notes

The biggest problem with L2 such as Arbitrum, Optimism, and zkSync is that it is too modeled after Ethereum’s L1 Defi to the point of path dependence. But L2 has its own characteristics and should open the way to higher performance applications. The biggest demand for L2 is not a shadow Ethereum L2, but a brand new L2 route.

These routes are high-frequency applications, just like Solana’s efforts on Depin, repeating the previous route has no explosive power, and the Solana ecosystem has a really good grasp of this, of course, this also has some relationship with the co-investment institutions of Helium and Solana, which you can investigate for yourself. But in the end, it was a new attempt to bring a new narrative, and the new narrative detonated the market.

Next, how do Arbitrum and Optimism and zkSync compete with Solana? First of all, don’t focus on copying Ethereum L1 Defi, which is important, but ultimately not the way to break the game.

The most important thing is to open up a new narrative. Focus on Web3 games, AI, and Depin. I also hope that developers will not make old wheels and strive to open up new battlefields, and no matter how bad it is, vigorously developing Depin is also a path.

In addition, Arbitrum, Optimsim, and zkSync also need to tilt the most valuable financial support (Token) towards projects and developers in the new track. The L2 ecosystem has a late-mover advantage in the Token Economy, and it is completely possible to design a better ecological incentive plan than the previous public chain. @Arbitrum@Optimism@zkSync

Solana’s breakthrough is a great example for Arbitrum, Optimism, and zkSync, and it’s more about learning than looking down on it.

If, after the Cancun upgrade in the first half of next year, Arbitrum, Optimism, and zkSync can see a few hits in Web3 gaming, AI or Depin, or other areas, there is a chance that things will change.

The real competition between L2 and Solana such as Arbitrum, Optimism, and zkSync will really start in the second half of next year, and who will win in the next two years can basically see the results. The cycle is very long, and the jury is still inconclusive.

The Ethereum ecological network should also be grateful for the innovative breakthroughs on BTC and Solana, without this catfish effect, the Ethereum network is too comfortable, this time the stimulation of the BTC and Solana ecology is enough to attract the attention of the Ethereum community, the most important thing is not to look down / hostile, but to learn the way to break the situation of other ecosystems, only in this way, can we continue to move forward, Ethereum has experienced many FUDs in history, believe in the resilience of Ethereum ecological developers and communities.

(The above is not necessarily true and cannot be used as investment advice.) ）