MultiversX Tracker is Live!

Why are people buying ETH instead of L2s like Polygon?

Etherum Reddit

More / Etherum Reddit 129 Views

I want to start off by saying I hold a bag of ETH and bought it a few years back before I knew what L2s were, and personally even though it’s not as decentralized as BTC, it has more uses cases and it has made me a believer in crypto as a whole. But what I can’t understand is, why are people just not buying L2s like Polygon, Arbitrum, etc. instead of ETH? I am not trying to bash on ETH I just genuinely would like to understand the reasoning behind this from people more knowledgeable in the space. Am I missing something? What benefit would I as a consumer and investor get out of buying eth over an L2 such as Polygon?

PS: I know some people will say Polygon is not an L2, but just like Arbitrum that’s its main use case and they are fully converting to an L2.

submitted by /u/throwawayAFwTS
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments