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Lincoln
@lincoln
As robinhood just exemplified, the bull case for ethereum is that institutions coming onchain will choose L2s because they offer meaningful revenue from sequencer fees Yes, the L1/ETH gave up some value capture by outsourcing execution, but created more value overall. Biggest question mark is if the benefits of settling to Ethereum, both for DA and settlement, are worth the costs, or if the real winner is just the EVM generally.
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