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Polygon Growth Executive: Layer 3 sacrifices some sovereignty and relies on governance and fee extraction imposed by L2

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2024-05-25 22:40:10
Texan, head of growth at Polygon, had a few thoughts on "Layer 3" on the X platform:
Some people have proposed using L3 to solve the encryption scaling problem, but they have many drawbacks.
Aggregated L2 has all the advantages, but no disadvantages, allowing for true cryptographic scalability.
Some L3s can achieve interoperability within a single L2 ecosystem, but this would still decentralize mobility and users by establishing a moat.
Many L3 models that rely on L2 for settlement include fee extraction.
· L3 sacrifices some sovereignty and relies on governance and fee extraction imposed by L2.
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