# Vitalik Reframes Role Of L2s > Vitalik Buterin says the original vision of L2s as “Ethereum-branded shards” no longer makes sense. **Published by:** [ETH Daily](https://ethdaily.io/) **Published on:** 2026-02-05 **Categories:** news, 2026, february2026 **URL:** https://ethdaily.io/875 ## Content Quick TakeVitalik Buterin reframes role of L2s.Tally introduces an ICO platform. Y Combinator supports USDC funding.Vitalik Reframes Role Of L2sListen to this episode from Ethereum News on Spotify. Vitalik Buterin reframes the role of Ethereum L2s. Tally introduces an ICO platform. And Y Combinator supports funding in USDC. Read more: https://ethdaily.io/875 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3. Arkiv brings the familiar concept of a traditional Web2 database into the Web3 ecosystem.https://spotify.comSponsored byArkiv.network/dailyArkiv is an Ethereum-aligned data layer for Web3. Arkiv brings the familiar concept of a traditional Web2 database into the Web3 ecosystem. Find out more at Arkiv.networkVitalik Reframes Role Of L2sIn his latest post on X, Vitalik Buterin stated that the original vision of L2s as “Ethereum-branded shards” no longer makes sense. He pointed to slower-than-expected L2 decentralization progress and rapid Ethereum L1 scaling as reasons for the vision change. He suggests viewing L2s as a spectrum of chains with Ethereum backing and varying unique features. He advises L2s to focus on value-add beyond scaling, such as privacy, specialized VMs, and extreme throughput. Vitalik also emphasizes that L2s working with ETH should be at least stage 1 and maximize Ethereum interoperability. Ethereum’s native rollup precompile for verifying ZK-EVM proofs will enable secure, trustless interoperability and synchronous composability for L1<>L2 interactions, while allowing L2s to innovate in other areas. Comments on Vitalik’s post:TomaszStevenJesseHaydenTally Introduces ICO PlatformOnchain governance platform Tally is launching its own ICO platform, powered by Uniswap’s Continuous Clearing Auction (CCA) mechanism. The platform enables teams to raise capital transparently, fairly, and accountably, while integrating Tally’s governance products and services into a unified system. To demonstrate its capabilities, Tally is hosting its own token sale on the platform and will document the process over the next 60 days. Widely adopted across the Ethereum ecosystem, Tally already supports governance of major projects including Arbitrum, ENS, Uniswap, zkSync, EigenLayer, and Obol. Tally also supports Liquid Staked Tokens (tLSTs), which enable users to earn rewards for delegating and staking.Y Combinator Supports USDC FundingY Combinator, one of the leading startup accelerators, is now offering funding in USDC stablecoins on Base. The accelerator highlighted stablecoins’ low cost, efficiency, and global reach, as well as the passage of the GENIUS Act, as key reasons for the move. YC expects its startups, whether crypto-focused or not, to leverage crypto in some way, using a better system for payments, banking, and capital raising.Other NewsWorldcoin case for PoHEthereum hits $59b in DeFi TVLArgot transparency reportBase supports ERC-8004Gloas Annotated: ForkchoiceDisclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed. ## Publication Information - [ETH Daily](https://ethdaily.io/): Publication homepage - [All Posts](https://ethdaily.io/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@ethdaily): Subscribe to updates - [Twitter](https://twitter.com/intent/follow?screen_name=ethdaily): Follow on Twitter