alt Hacker NewsBGP is vastly superior to any L2 make-believe trash you can imagine, and amazingly, it often has better hardware offloading support for forwarding and firewalls. For example, 100G switches (L3+) like MikroTik's CRS504 do not support IPv6 in hardware for VXLAN-encapsulated flows, but everything just works if you choose to go the BGP route.
L2 is a total waste of time.
Any ASIC switch released in the last decade from Cisco/Juniper/Arista supports EVPN/VXLAN in hardware. EVPN is built on BGP. This has become the industry standard for new enterprise and cloud deployments.
The lack of support for hardware EVPN is one of the many reasons that Mikrotik is not considered for professional deployments.