Layer 1 blockchains, aka L1, are focused on foundational elements like consensus & validation. L2 are chains built on top focused on scaling & speed.
Balaji makes the argument that L0, or the ideas in people minds, the ideology they adhere to, is the most important layer. Because the ideology enables the technology.
Think of the L0 as the mental software that runs on our brains. It manifests in the laws we pass and those are influenced by philosophy of each individual.
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Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
The biggest barrier to the decentralized crypto future is opposition from the government. Balaji proposes we take this seriously and think of it as Layer 0.
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