WHAT IS IT ALL FOR? ON INFRA FATIGUE AND THE PATH FORWARD FOR L1S

Summary from the TLDR Crypto newsletter

The crypto industry has an issue with over-investing in infrastructure at the expense of consumer applications. Current L1 and L2s achieve only a few hundred TPS compared to the 10,000+ TPS needed for mainstream adoption. While infra investment has enabled improvements like cheaper transactions, future development should focus on creating entirely new design spaces rather than marginal improvements to existing solutions. Successful L1s should enable transformative applications through significant performance improvements.