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https://warpcast.com/~/channel/brypto
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six
@six
Bit of a blackpill that Coinbase has no economic incentive to decentralize their sequencer Or am I incorrect in this premise? Max Resnick tweets are blackpilling me. In general why would Coinbase ever make any decision re Base that is not in the interest of shareholders?
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#FFADED
@ffaded
one reframe: Coinbase (and all centralized exchanges) are in a way at scale proto-L2s. By moving to the L2 model it’s a 10x improvement in transparency, programmability and composability. It may never decentralize but it’s a substantially better centralized alternative to the current CEX model.
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