Layer 2s are a short-term success story, but the long-term picture appears less rosy.
Ethereum’s Dencun update has led to a Cambrian explosion of layer 2s, but industry insiders say there are already far too many.
There are 73 layer-2 blockchains listed on L2beat, with 82 in the pipeline.
Adrian Brink, co-founder and CEO of the intent-based blockchain Anoma, believes that’s 10 times more than the industry actually requires.
