MilkyWay has officially announced that it has initiated the L1 mainnet shutdown process, completed on-chain upgrades, and safely migrated user assets back to the native chain. Users can view their relevant assets on the original network, and if they are not visible, they can contact the official team for assistance.

MilkyWay's official announcement states that it has initiated the L1 mainnet shutdown process, completed on-chain upgrades, and safely migrated user assets back to the native chain. Users can view their assets on their respective blockchains, and the team is available to assist with any issues.

The Ethereum Foundation released a post-quantum cryptography upgrade roadmap, planning to complete preliminary L1 protocol upgrades before 2029, covering four critical hard forks to address future quantum computing threats, while emphasizing the importance of starting related work ahead of schedule.

> **Original Title:** How L1 and L2s can build the strongest possible Ethereum > **Original Authors:** Josh Rudolf, Julian Ma, Josh Stark, Ethereum Foundation > **Original Compilation:** Chopper, Foresight News The ultimate goal of the Ethereum Foundation's Platform team is to drive Ethereum's scaling as a unified coordinated system, ensuring all users can use it with confidence. This article aims to share our perspective on the relationship between L1 and L2, elucidate the role of each layer, and how we (as an ecosystem) can leverage the strengths of L1 and L2 to build the most attractive platform for all users.

# Ethereum Foundation Points Out That L2's Goal Shifts Towards Providing Differentiated Features and Market Strategies, While L1 Continues as a Permissionless Settlement Hub. The Article Emphasizes That L2 Should Achieve Interoperability and Secure Exits, and States It Will Expand L1 Capacity and Research Rollup Technology to Enhance Platform Experience and Liquidity.

Ethereum maintains its leading position in the L1 blockchain market with its superior Total Value Locked (TVL), continuously attracting concentrated capital and users. Its mature smart contracts and decentralized architecture deepen the ecosystem, attracting institutional participation. Although other chains have advantages in efficiency and cost, Ethereum still leads significantly in stability and application composability. Future competition will focus on performance and application scenarios.

Gate News reported that on March 16, Bitcoin L1 native smart contract platform OP_NET announced that its mainnet launch has been postponed from the originally scheduled March 17 to March 19, with wallet registration time extended by 2 days. Previously, OP_NET completed a $5 million funding round in March, led by Further.

Gate News Announcement, March 12th, Bitcoin L1 native smart contract platform OP_NET announced the completion of a $5 million funding round. This round was led by Further, with participation from ANAGRAM, Arcanum Capital, Humla Ventures, Morningstar Ventures, G20 Ventures, and UTXO

Gate News Report, March 11: According to Blockworks data, Solana has surpassed all L1 and L2 blockchains in network revenue for the second consecutive month.