Why not L2?
Someone on Discord asked why we choose to go with Ethereum mainnet for @watchfacesworld NFT instead of an L2. Here's our thinking process on this…
Someone on Discord asked why we choose to go with Ethereum mainnet for @watchfacesworld NFT instead of an L2. Here's our thinking process on this…
We want to make Watchfaces last forever. The kind of antique rare physical timepieces that represent the times they were crafted in.
It's fully on-chain and will be alive for as long as Ethereum is alive. No external dependencies, no servers, no IPFS.
It's fully on-chain and will be alive for as long as Ethereum is alive. No external dependencies, no servers, no IPFS.
We don't have any plans to have active on-chain utility (like some games or art projects) that would require many transactions and would benefit from being on L2. Thus, the main benefit (as I see it) of L2 would be a cheaper deployment cost. Currently, we estimate to spend 1.5Ξ…
…to deploy Watchfaces and we think it's well worth it. We bet Ethereum will last at least 100 years.
There's also no clear L2 winner yet. The oldest projects are just a few years old and it's clear they will get replaced by newer tech (zk). L2s are also being started in a semi-centralized way with a promise and a path to being decentralized.
I do, however, keep an eye on L2s and have a few project ideas that are going to fit well there.
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