Are Alt-L1s over? Security, costs drive smaller chains to Ethereum
L1 blockchains Zilliqa, Gnosis and Ronin join the Ethereum ecosystem as the costs of going it alone grow, and the security and liquidity advantages become too hard to resist.
Running an independent blockchain has always come with a particular promise: control.
A standalone Layer 1 architecture allows projects to be the masters of their own destiny, set the rules of consensus, maintain their own validators and build infrastructure around their users, without relying on any other network.
But with great power comes great responsibility — and considerable expense.