[martindale]

We're building this, but on Bitcoin ("Plasma but as a framework for dapps" [with a focus on developer experience]) [0]. There's already robust infrastructure for L2 contracts in Bitcoin-land, and we've already heavily optimized the L1 to prepare for the load that a global, ubiquitous solution would need.

Honestly, I see no use for Ethereum (or other Turing Complete L1s) looking forward — smart contracts can be purely peer-to-peer, with the only pressure applied to L1 being dispute resolution. By pushing complex contracts up into Layer 2, we can keep the dangerous, money-destroying, theft-enabling Turing machines away from the main chain.

[0]: https://fabric.pub