Polygon CEO says L3s are taking value away from Ethereum, sparking debate

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Polygon CEO Marc Boiron has sparked debate on the need for layer-3 scaling, arguing it could be detrimental to Ethereum.

If all layer 3s settled to one layer 2, Ethereum would capture no value, and its security would be at risk, argues Polygon CEO Marc Boiron.

“L3s exist only to take value away from Ethereum and onto the L2s on which the L3s are built,” he said. “Also, we don’t care what people do. They can build L3s on anything, including Polygon networks,” he continued before adding. “We just aren’t trying to suck all value onto Polygon networks instead of sharing with Ethereum its fair share.”Boiron added that Polygon’s mission was to scale Ethereum when nobody else did it, when the right tech was ready, using parallelization of the EVM and with privacy. He argued that “L3s are not consistent with that mission.

 

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