TechFlow reports, on January 4, Solana co-founder Toly took to Twitter stating that multiple L2s don't make sense. If a single L2 can handle parallel execution, it could consume all blobspace and run every use case. More importantly, there aren't infinitely useful smart contracts—only about six major smart contracts truly matter.
In response, Ethereum community member @ryanberckmans commented that this shows not only a lack of imagination for the future of L2s but also a poor understanding of current L2s. The implication in Toly's post that "only six major smart contracts matter" should go down as one of the proudest, most absurd, and blandest predictions in cryptocurrency history—and in the years to come, this will be proven wrong again and again. Nick Tomaino, founder of 1confirmation, shared the post in agreement.
