Ethereum co-founder Justin Drake, known as @jdorman81 on X, argued that the economic value Ethereum derives from securing its Layer 2 networks is minimal. He stated that with "a billion chains" available and virtually no cost for users to move between them, Layer 2s function as perfect substitutes in economic terms. "I wouldn't put a huge value on that," Drake said when discussing the security premium ETH captures from rollups and other scaling solutions. The comment highlights ongoing debate within the Ethereum community about how much value accrues to the base layer versus competing execution environments.