Yes that is exactly rhe problem. People thought we had time to implement and improve L2L/L3. But that was assuming orcanic growth in the kinds of transactions we were used to seeing. Unfortunately, ordinals has prematurely caught us in a position where our pants are down and Nome of the L2 or L3 shit is nearly where it needs to be.
Discussion
If you look at this chart you can see the first ordinals hype. It was pretty quickly over. The fees went down again to „normal“. Yes, now we have a longer period over higher fees, but I don’t think this will be sustainable. Once they realise no one gives a shit it will go down again. But who knows. We’ll see
Forgot the chart
