Hacker News Reader

> L2s are the PayPals etc that make "the internet" (cryptocurrency) useful for "the normies" (later adopters).

That's a lie people tell themselves to justify Ethereum's platform.

The reality is that I can build scalable L1 dapps on Algorand that "normal" users can use at extremely low cost.

The cost of having nobody else on the network your app is using is arguably pretty high.

That's a good argument if you're a short-sighted business looking for short term profits.

As a dev however, that sounds foolish to me.

Also, chains like Algorand or Cosmos don't have "nobody else on the network".

To the multiplier that is ETH numbers in comparison? Effectively nobody.