Recently, I've been watching L2s argue over TPS, fees, and ecosystem subsidies, and it's been quite lively, but I'm more concerned with one main thread: who ultimately has the say on this chain. Data availability is about "whether you can access the data and verify it yourself," ordering is about "who queues up and who cuts in line," and finality is about "whether you can roll back after a crash." To put it simply, being cheap and fast doesn't necessarily mean it's stable; if the ordering rights are too concentrated and the data isn't transparent, even the most impressive metrics can turn into storytelling. Actually, when I evaluate projects, I focus on these points, combined with unlocking and concentration of holdings. While the debate is lively, don't treat terminology as a talisman. Anyway, if you're uncertain, hold less, cut losses if you're wrong, and avoid being educated by narratives again.