What am I missing when it comes to LRC?

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What am I missing when it comes to LRC?

I've always been long term bearish on single app L2s for a few reasons the main ones when it comes to loopring are;

  • not having a virtual machine and allowing anyone to deploy smart contracts to your L2 is a huge disadvantage. No single team/company has the resources to compete with the productivity of an open platform like Arbitrum/Optimism. Open platforms for developers win everytime.

  • LRC is excluded from all the aggregators like 1inch and matcha. So providing liquidity there means your missing out on a lot of fee revenue even when you have the best price.

  • Single app L2s tend to be a place you go to do a thing and then leave. Personally I think the only way forward is having L2s with so many dapps that you rarely have to leave, If ever.

submitted by /u/Oxygenjacket
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