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OnChainChad Profile picture
OnChainChad
@Fuckonchain
I collect on-chain infos and present you with the best-quality findings. Research with @ScopeProtocol
Apr 24, 2023 • 19 tweets • 15 min read
Did you miss out on the #LSD bull pre Shanghai Upgrade?

No need to worry, as Cancun - an upgrade that directly benefits Layer2(L2) tokens is coming.

Want to see your investment skyrocket like many did during $LSD spring?

Let me tell you how👇:

#Ethereum #Crypto Image 1/n
What benefits will Cancun bring and how will it impact L2s?

In simple words, it will make L2s 10-100x faster and cheaper.

How is this possible?

Fundamentally, L2s are required to submit L2 txs to L1 (Ethereum) in order to achieve the same level of security as L1. Image