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Chandan Web3 Research
@chandan
Just random thoughts: 1/ @base is unmatched in user experience compared to any other blockchain. They've introduced Smart Wallet, lowered gas fees weekly, sponsoring gas for users, and created MagicSpend. The base has been snowballing. Most layer-2s that haven't gained critical mass adoption are going to zero. 2/ Blockchains will be the balance sheets for assets and Coprocessor will be the compute layer for all blockchains. In a way, Layer2s are Coprocessors built for specific blockchains they are not apart from general Coprocessors, but layer2s fragment the assets, not Coprocessors. 3/ This is not discussed much but the cost of being a Rollups is 10x lower than being a Layer1, this is one of the main reasons why Rollups/App chain won’t convert to a Layer1 which will eat into their profits.
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