Scaling via Dedicated Layer-2
One key difference between the Living Assets platform and other scaling approaches is the fact that it is a dedicated Layer-2, as opposite to a generic Layer-2. In other words, instead of supporting every single instruction that can be run in an EVM, the dedicated platform only focuses on the very small subset required to make Living Assets possible; namely, instructions required for minting, evolving, and trading.
An analogy that guided the development of the Living Assets platform was that of a graphics card. GPUs are also built to scale a very limited set of computations that generic CPUs can process, namely, those required to scale graphics rendering.
Thanks to this specialization, GPUs scale massively, and enable entire industries, such as the video game industry.
The analogy can be stretched further. GPUs are used in almost any architecture, regardless of their CPU. Likewise, the Living Assets platform can be deployed on any EVM compatible blockchain, and scale it massively, enabling industries to be built on top of evolving NFTs.
Generic Layer-2's, while immensely valuable, eventually run into scaling issues when one single application becomes mildly successful.
Five years have passed between the collapse of Ethereum by Cryptokitties when reaching 15K users, to the congestion of the Polygon Blockchain (a generic Layer-2 on top of Ethereum) by Sunflower Farmers when reaching 450K weekly users.