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Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum

Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital […]

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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