Robinhood vs. Vitalik: Why the trading app is building it own L2 while Ethereum founder cools on them
CoinDesk
Robinhood's L2 testnet logged four million transactions while Ethereum's co-founder questions the L2 roadmap's future.Summary
Robinhood's investment platform is actively developing its own Layer 2 solution, the Robinhood Chain, which focuses on tokenization and financial services, logging four million transactions in its first week on the testnet. This move contrasts sharply with Ethereum co-founder Vitalik Buterin's recent assertion that Ethereum's long-held L2 rollup-centric roadmap "no longer makes sense" due to decentralization concerns and faster-than-expected base layer scaling. While the core Ethereum community debates future scaling frameworks, centralized entities like Robinhood are doubling down on proprietary chains to capture users and liquidity, highlighting a growing divergence in the direction of crypto infrastructure development.
(Source：CoinDesk)