Being an L1 is a bug, not a feature. An L1 is just an Ethereum L2 without any of the security and verifiability parts. Your conclusion may be correct but in the opposite direction.
"ethereum" is the longest word that i know how to spell and pronounce thanks to seeing, reading, writing it thousands of times over the last 4 years forever grateful to vitalik and the ethereum foundation
jeff hyperliquid > international physics olympiad gold medal > harvard math/cs degree > quant trader at top hedge funds vlad lighter > went to harvard at the age of 16 > math and physics wiz > worked at citadel and quora lucas variational > went to columbia at the age of 12 > cs/math major > scored in top 10% wtf is happening in the perp dex indsutry right now!?!?