Ethereum

It's wrong to assume that the alternative to rollups is that all activity goes to mainnet. More realistic alternative is more L1's that don't share security and don't interoperate aside from traditional bridges.

IMO the entire point of Ethereum's rollups is to obsolete needs to launch new L1's. It should always be strictly easier, more secure, cheaper, and more profitable to launch a rollup rather than a fresh L1.

This doesn't mean that Ethereum mainnet does not need to scale, it does! But there are many reasons why someone may want to launch an alternate L1, so even if mainnet is scaled to infinity it will not be able to capture those reasons without rollup technology (eg different VM, sequencing, etc).

It also doesn't mean that Ethereum shouldn't capture value from rollups, it should! The more rollups are able to *actually* benefit from Ethereum (real security benefits with stage 2, better interop, better sequencing, etc) the more a rollup should be willing to pay to the L1 for these privileges.

Cofounder & CTO @rodeodotclub @foundation.

https://rodeo.club/@elpizo