Are there really any inherent tradeoffs between Ethereum and other L1s?

1M Ago
Hi everyone, I’m trying to understand whether Ethereum has any practical limitations. (Putting aside operational costs) if I were planning to build a new application, is there any *technological* reason why I'd be forced to choose an alternative L1 chain to settle on? I know for example proponents of Cosmos and Polkadot have said Ethereum is unable to offer the same level of "sovereignty" as zones/parachains get, but it isn't clear if that's actually true given the possibility of building layer 3 chains on Ethereum. Thanks in advance, Nick