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The way we think of L3s:
Optimized, batteries-included dev experiences for devs who want to go fast
The key complaints we hear about developing on L2s:
- too expensive to throw out a cheap experiment
- hard to get attention of the chain for custom precompiles, oracles, and other features
- unsuitable for high volume applications like games, ridesharing, microtransactions, etc
DEGEN L3 and its associated services on, eg neynar or dune, are the de facto oracles for farcaster data, and soon a cluster for handling namespaces and payment rails across social networks
Running these use-cases economically on Base may be possible during the bear market, but we remember the costs when Base volumes were hot
We have a lot of work to do to decentralize the L3 nitro and sequencer, but make no mistake that L2 throughputs and costs are still a far cry from competing with Visa, Uber, or Venmo scale 2 replies
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