Manta Lianchuang: Only a few Ethereum L2s will survive in the next 5 years

In a recent interview with Cointelegraph, Kenny Li, co-founder of Manta Pacific, revealed his concerns about the future of Ethereum layer 2 blockchains. With 44 active layer 2s currently in operation, Li predicts that only a select few will survive the next 5 years. Drawing parallels to past mistakes made with Bitcoin and Ethereum "forks", Li believes that the overwhelming influx of new layer 2s on the Ethereum network is leading to a replication of past errors.

In Li's perspective, the fundamental issue with "forks" in Bitcoin and Ethereum lies in their holistic construction, which inhibits swift integration and adaptation of new technologies as they arise. This lack of flexibility has historically hindered the growth and evolution of these platforms. As the landscape of blockchain technology continues to evolve, Li emphasizes the importance of adaptability and innovation in order for layer 2 blockchains to thrive in the long run.

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