Andre Cronje: L2 as an application chain is unreasonable for developers and underestimates the infrastructure and compliance costs

Andre Cronje, CTO of Sonic Labs, said in an article on X: "L2 as an application chain is illogical for developers: - There is almost no infrastructure support for deployment (such as stablecoins, oracles, and institutional custody, etc.); - There is no foundation or laboratory to help; - The centralized architecture is vulnerable; - Dispersed liquidity and forced to pass through cross-chain bridges; - Lack of user and developer communities; - Spend time dealing with the above problems instead of applications and users; - Eliminate network effects; - Still requires a long transaction confirmation time (some suppliers are unwilling to work with it); - Develop alone (no friends). The application chain also seriously underestimated the cost of infrastructure and compliance (browsers, custody, exchanges, oracles, bridges, toolkits, IDEs, on/off ramps, native issuance and integration, supervision, compliance). $14 million has been spent in 2024 alone, a large part of which is recurring costs."