1confirmation Founder: Bullish on L2's Long-Term Value for Ethereum

Golden Finance reported that Nick Tomaino, founder of 1confirmation, emphasized the positive impact of L2 solutions on Ethereum (ETH) in a social media post, pointing out that AppChain provides autonomy for developers while also bringing value to Ethereum. He stated that L2 has multiple benefits: distributing ETH, expanding the EVM developer network effect, and burning ETH through activities, and claimed that most people still believe the erroneous narrative that L2 success is detrimental to ETH.

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