Cassie Heart
@cassie
Farcasters, what’s your spiciest crypto take? 🌶️🌶️🌶️ Mine is: Ethereum will not be the network everyone is building on in the next decade.
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Jay Jay
@jayjay
Why do you think this?
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Cassie Heart
@cassie
In any competitive ecosystem, first movers only have an advantage if they can sustain a network effect, but consequentially due to the cost and speed, many applications rely on L2s. A second mover that can consolidate into a single network that abstracts the varying layers 1/2
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Cassie Heart
@cassie
and makes this simple to use for devs who have zero crypto experience would be far stickier & appealing. Think of the leap from breadboard computers into VLSI-based ICs. Ethereum’s design debt can’t be simply pivoted out of, meaning a huge upfront advantage for a second mover 2/2
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Jay Jay
@jayjay
I agree with this. Do you think L2s will take up most of the activity in the future or something completely different?
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Cassie Heart
@cassie
Something completely different. We’re still thinking things in terms of composable systems, but the shift that lead to mainstream use of computers was the advantage from components merging into the CPU — I see a similar parallel in L0, L1, L2 to ROM, RAM, CPU in a single network.
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rish
@rish
It’s an interesting system design analogy. In your example merging into SoCs would be the perfect outcome of non composability winning out in the end. How does the component merger analogy materialize if we compare crypto to internet (which is what it is usually compared to)?
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Joe Petrich 🟪
@jpetrich
First version of this take that is somewhat convincing... Thanks for giving me something to think about
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