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Last month I wrote about how the L2 landscape is tightening fast as Ethereum refocuses on the L1, meaning L2s will need to distinguish themselves by offering something Ethereum itself can't or won't.
Vitalik offered some ideas for these chains to consider, with privacy sitting at the top of his own list. Aztec has long been the name associated with that race, taking a diligent, lengthy path towards deploying a decentralized, privacy-first L2. It's a mission they've been driving towards since 2017 and they are finally nearing launch, though the exact timeline remains vague. Privacy has obviously become one of the most discussed use cases over the past year, with many teams throwing their hats in the ring along the way. There have been a few that have launched and deserve recognition, Payy Network, for example, but few stand on the same ground that Aztec's history gives it, except perhaps Starknet.
StarkWare, the team behind Starknet, has been building since 2018. Founded by one of the co-founders of Zcash, the company made privacy a central priority over the past year, amidst a push to differentiate their chain that started long before last month’s excitement around Vitalik's “electrifying” L1/L2 statements.
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