3min chapter

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ETH Is NOT Ultrasound Money with Jon Charbonneau

Bankless

CHAPTER

Is There a Layer One Versus Layer Two Difference?

I wonder if we're making too much of the mistake of comparing these to companies to begin with. Maybe applying the model of a company just goes a little bit too far, maybe these layer ones are a bit more like kind of nation states. So I don't think there's as clear of a layer one versus layer two distinction is my main point that I would probably disagree with on that. But for example, if you look at Cosmos Appchains, I would definitely disagree that all of them are looking to be money.

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