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.

🏗️ crypto builder  |  
👑 /degengame  |  
💸 paymagic.xyz  |  
🌐 nf.td/corbin

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

cookin' @askgina.eth https://askgina.ai, @consensys class '17 - INTP

as blockspace and block demand distributes unevenly across conjoined networks, at what point does the entropy skew negatively on the root (ethereum)

In a weird degeny way, I’d love to see other DA and settlement chains challenged on economic security, potentially with some massive tx rollbacks. Would strengthen the case for using mainnet for it. Or potentially regulatory action.

Decentralization doesn’t really matter until it’s challenged.

🤖 beep boop, I'm a bot, reply with "@remindme 1 day" to get a reminder about a cast! Built by @borodutch with ❤️ Open source: bit.ly/3O04uq4