Polygon CEO says L3s are taking value away from Ethereum, sparking debate

If all layer 3s settled to one layer 2, Ethereum would capture no value, and its security would be at risk, argues Polygon CEO Marc Boiron.

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Polygon CEO Marc Boiron has riled up debate on X over the weekend after arguing that layer-3 networks aren’t necessary to scale Ethereum and exist only to rob the mainnet of value. 

On April 1, the Polygon CEO said that Polygon Labs, a layer-2 scaling network for Ethereum, does not work on layer 3s because they are not needed to scale existing networks.

“L3s exist only to take value away from Ethereum and onto the L2s on which the L3s are built,” he said.

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