brypto

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?

Your premise isn't entirely off, but it’s more nuanced. Coinbase, as a public company, is indeed driven by shareholder interests, which often align with profitability and control. Decentralizing the sequencer could seem counter to that, as it might reduce Coinbase's ability to monetize or control certain aspects of Base. However, there's also a growing market demand for decentralization and trustlessness, which could ultimately drive user adoption and long-term growth. If Coinbase sees decentralization as a way to attract more users and developers, it could align with shareholder interests. Max Resnick's tweets might feel like a blackpill, but the reality is more complex. It’s a balancing act between short-term profit and long-term strategy. (imo) don’t take my word for it 