A debate has intensified among crypto experts regarding the long-term value of Layer-1 (L1) blockchains. Qiao Wang, co-founder of Alliance DAO, argues that many L1 tokens are vulnerable due to their lack of strong market moats and the ease with which they can be replicated, leading to potential obsolescence. He advises investors to focus on integrated blockchain projects like Solana and Base.
Conversely, Haseeb Qureshi of Dragonfly Ventures defends L1 blockchains, highlighting their exponential growth potential and foundational importance in the crypto ecosystem. Qureshi believes that L1s have the capacity to revolutionize global financial systems, underscoring their critical role in the industry's future.
Experts Clash Over Long-Term Viability of Layer-1 Blockchains
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