Part 4/9:
One of the key themes discussed was Ethereum's layered architecture. Malekan articulated the concept that while layer 2 solutions might appear to siphon value away from Ether itself, they actually enhance the overall ecosystem. They pave the way for greater adoption and usage, ultimately acting as a complementary force rather than a parasitic one.
He emphasized that layer 2s provide an opportunity to expand user activity that would otherwise be cost-prohibitive on the Ethereum main chain. This, he argued, creates a positive feedback loop where increased adoption and usage contribute to the robustness of the Ethereum ecosystem, enhancing Ether’s status as a high-quality liquid asset (HQLA).