corbin

Ethereum

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

I don't think the worry is on growth.

1) Will these L2s even need mainnet for settlement or DA? Why choose mainnet if they aren't ETH maxis or innately altruistic (few in crypto are)? This is a continued blindspot for the EF and Ethereum researchers (see recent DeFi debates).

2) L2s will likely enable their own gas tokens as they face price pressure. They have a massive incentive to do so unless they are super ETH aligned (OP).

In this world, the EVM wins but ETH fundamentals suffer greatly.

Maybe ETH becomes money or ETH staking/restaking yields become digital bonds. But this is the first time in a long time that ETH fundamentals have strong headwinds.

Need some new ideas and narrative to emerge.

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as an asset that programmatically trends downwards to benefit from cheaper fees, at what price does economic security start to affect dependant networks?

feel like united chains of eth is a strong narrative for the future but idk

maybe it's not such a bad thing if fundamentals change? eth has changed dramatically many times and it's still here. only real negative reaction i see is it pisses off devs and pushes them to other ecos