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https://warpcast.com/~/channel/bad-takes
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Dan Romero
@dwr.eth
Tell me why I'm wrong: Ethereum L1 or L2 gas fees make micropayments too expensive for everyday consumer apps. Less frequent payments? Sure. But 10x a day? No.
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jesse.base.eth 🔵
@jessepollak
i agree, would do it with an L3 plasma with alt-DA
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jesse.base.eth 🔵
@jessepollak
and fwiw i think that's totally ok and good. blockspace is the next generation of compute. scaled apps will have their own compute (L3), smaller apps will use shared compute (L2), shared compute (L2) will serve as the hubs that connect apps, all of this will be secured by a maximally secure base layer (L1).
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Garrett
@garrett
Having compute onchain won’t make sense for a lot of apps due to costs Maybe i’m wrong but curious to hear your thoughts
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Gabriel
@gcdepaula
That’s an interesting take! I feel these benefits of L3 you mentioned (cheap compute) are not a property of a “rollup-on-a-rollup”, but a property of application-specific rollups in general. Like, couldn’t you get this cheap compute on an application-specific L2?
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moreReese
@morereese
I’d love to learn more about your mental model here. Any resource recs? Reminds me of a Satoshi quote Blockchains (esp PoW) are mechanisms for converting energy into compute with ruthless efficiency. Blockspace is effectively tokenized energy Interesting to consider L3+n scenario in terms of watts wrt 1s & 0s
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nick.base.eth
@nickprince.eth
i want this on a bumpersticker
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Myk.eth
@myk
this will be super obvious in 10 years Can’t wait to talk w my grandson ~2070: 👦🏻 so… there was no self custody? 👴🏻 nope 👦🏻 no interoperability? 👴🏻 not really 👦🏻 what did they do w your data on the centralized server? 👴🏻 sold it 👦🏻 you were cool w that? 👴🏻 not really
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JJ Joseph
@0xjj
This is a great framing of the future, although I still have some questions about modularity that will be answered in this cycle.
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