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Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading

Polygon Labs CEO Marc Boiron has lashed out at Layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet. In a recent post on X, Boiron expressed his skepticism about L3 networks, stating that Polygon Labs, a prominent Layer 2 (L2) scaling network for Ethereum, does not work on L3s because they are not essential for scaling existing networks. Layer 3 protocols are designed to operate on top of L2s and provide application-specific decentralized applications with enhanced scaling, performance, interoperability, customization, and cost-efficiency.

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