MegaETH in 2026 & Ethereum's L2 End Game | Brett DiNovi & Lei Yang
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We are trying to have a self contained ecosystem where we have composability maximally because we have so much that can be done within our our sphere of composability that we do not care if people can go out like those things will happen. But we want to bring people inside of our ecosystem. We want to have the best execution environment. We want to be able to do very, very complex stuff like a flash loan that is like novel net new amongst a thriving DeFi ecosystem. So I'm not pegging my value prop, our value prop on playing nicely with a bunch of other chains. Our idea is to grow the biggest,
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Alright. Welcome back, everyone. I am Rob and Ioann have decided me to leave me out here. There's gonna be an intellectual battle. We have lay of bread from MegaEth. I'm very excited to have you guys on. You've guys there's a lot to talk about. But for anyone that's been living under a rock, why don't you guys introduce yourselves? And and then we'll set the stage.
I'll go first. My name is Lei, and I'm a co founder and CTO of MegaEth. MegaEth is a layer two blockchain that is aiming to be the fastest blockchain ever possible by, I would say, strategically centralizing the components and delegating the security to Ethereum layer one.
And I'm Brad. I'm here to defend lay so I don't even say centralizing. I hate saying that word because it's such a trigger word for people. But I'm on the yeah. Go ahead. Bring it in.
What's up? He he's here to chaperone the conversation. There there are some pretty inflammatory stuff. So so full disclosure, guys, I'm an investor, but this conversation is, as I told the backstage, gloves off. I mean, there's a lot happening in crypto. Prices are terribly down. People are leaving. Vitalik came out with a pretty saying the quiet parts out loud. He said, look, the value proposition of L2s is broken unless you do certain things. But most L2s just the roll up centric roadmap is broken, in my opinion. Why? Because L2s capture most of the value. Value doesn't flow back to the L1.
Yeah. Have some very strong opinions on this. And actually, so, like, background, again again, for the intro, Brad, you might know me on the timeline. I'm the dude that has traditionally actually FUD ed l twos, specifically bob space. I'd like, I did that for probably a year and a half before joining, Meggeth, which is November. So I'm very aligned, frankly, with where what Vitalik was signaling towards there. And I made a post on that where I think that post specifically kills alignment games that were being played. I was so, so critical. So I bro, base is Ethereum. Arbitrum is Ethereum. Like
To strip off some technicality there, the way I think about it is imagine if you have a company, and that company then has divisions within that company. And divisions within that company have their own specific stock. And that stock is, you know, Google, for instance, a good example, like these conglomerates. So I like private equity. So back in the eighties, there's all these conglomerates, and they have different divisions. Some might be widely profitable because they sell cigarettes, and others might be not as profitable because they're, you know, an r and d department that is not very p
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