Written by: papiofficial
Compiled by: zhouzhou, BlockBeats
Ethereum community has spent a lot of time discussing whetherUps, L2 , and 3 extract value from from Ethereum L1 . In the past 24 hours,eks @ameensol,ydenzadams, @wmougayar, @siobh_eth, @TrustlessState and others have deeply have participated in this discussion.
My view is: Any behavior that moves transactions and activities away from Ethereum L L1 is essentially a value extraction act.
This is not necessarily a bad thing. thing. that From a long long-, it will indeed affect the ETH asset.
Let me explain from two perspectives:: one is a Toyota analogy, and the other is aUp in the real world that I once advised.
While working at Toyota, I learned a principle from my my Lean mentor called Genchi Genbutsu (現地現物). It means: "Go and see for yourself." Do not rely on data panels or second-hand information, but directly experience and the thing itself.. This idea deeply influenced my way of analyzing ecosystems like Ethereum.
Genchi Genbutsu teaches you to avoid falling into abstract traps.
Data is certainly helpful, but without first-hand actual experience, data is incomplete.
I have participated in the launch of several RollRoll, each time the same changes.
Here, I want to introduce a concept concept: ""orphan Mother.
In>philosophy, this word refers to disciplines such as physics, mathematics,, and economics that were originally born from philosophy.
Philosophy gave birth to them, but after their "children" grew up, they left it, and ultimately she became an Orphan Mother.
Years ago, I provided advice for a Rollup project focused on a specific field. All team members were firm believers inup Ethereum I had known them since the ETH San Francisco event in 2017.
Initially, they were all idealists.
At the used Rollup-as-a-Service (RaaS) providers like @gegegenetwork, @, @alt_uitxyz, cal. These companies are excellent and have served their customers clients.
The whole process was simple, even less than 30 minutes, you would have your own chain.
From that moment everything moment,, everything began to change.
After going online, their mindset changed. They were no longer just builders, became but became entrepreneurs.
Their focus shifted to products users, community, growth. They were fully invested in their own chain and.
Whether to align with Ethereum was no longer even in the top ten priorities.
This is not to criticizing, the reality.
When you operate your your own chain, your mindset changes. You will optimize optimize your own flywheel, your own incentive mechanism, your own token.
Ethereum became that abandoned mother.
Back to Genchi Genbutsu - go and see for yourself.
Launch your own Rollup, use a RaaS, try to develop develop it, issue your own token. Experience firsthand how your mindset changes from an ETH-maxi to a token founder. You will feel this change.
Let me summarize><:
(1) Own chain will you from builder with ethereum a owner p2)'s ETETH.
>(3Do not just listen to me, go verify and it yourself.
This is neither good good nor bad, it is just so. But if Ethereum wants to avoid becoming the "Orphan Mother" in theular, needs to positively address this dynamic.
In this model, ETH as an asset will indeed be dildiluted. The question is: How should we respond?
