This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Being an L1 is a bug, not a feature.
An L1 is just an Ethereum L2 without any of the security and verifiability parts.
Your conclusion may be correct but in the opposite direction.