Multicoin co-founder: 90% of Ethereum ecosystem transactions occur in L2, and mainnet revenue is greatly reduced

According to BlockBeats, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of “Why SOL Will Flip ETH” on the first day of the TOKEN2049 main venue and said:

The intention of the Ethereum roadmap was to move transactions from L1 to L2, and they did. But in doing so, they also moved all the actual value added to the ease of use of the asset. If we look at this entire L2 data, the percentage of transactions that moved from L1 to L2, everything is now on L2, over 90% is on L2. This is by design, which is good. They achieved their goal, but to what end? They talk about this DA value tool. Here, we are talking about DA value approval. L2 is actually the party that makes all the profits.

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