I still think a lot of people are underestimating how many new users Coinbase is going to bring onchain with Base.

I like to think of Base as Coinbase's (better) version of Binance Smart Chain (BSC) and we all know how much activity BSC saw during the bull & how that activity has sustained itself in the bear as well.

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

I do wonder how this will impact the TVL distribution and by extension defi across L2s.

Do you think it will pull a meaningful percentage of assets there to have a vibrant defi ecosystem or do you think it’ll be more consumer facing (with gaming and such)?

Founder. Builder. Advisor | MIT EECS | Blockchain dev since 2016 | Daily thoughts streamed: /lostfounder

I don't think games are going to take off on rollups b/c even though rollups are cheap (and will get much cheaper over time), something like a Validium (where data is stored off-chain) is much cheaper and better suited for gaming.

So I think Base is much more likely to have a vibrant DeFi ecosystem than anything else.

Very true point that gaming will thrive going for an ImmutableX validium or Arbitrum Nova vs the OP stack Base flavor of deployment.

Related q: with AA and intent-based architectures taking off, doesnt that mean that while Base is the starting point, users wouldnt be as sticky as compared to a BSC which started prior?

I’m def interested to see what crops up because right now (outside of mainnet) pretty much all defi activity happens on Polygon and Arbitrum (by a big margin) then Optimism. It’ll be an uphill battle that not even Optimism cracked.

I’m bullish on Base and the influx of users from CB, can’t argue with 100M KYCd

I think stickyness is more a function of what there is to do on each chain.

A lot of what's on BSC is just copycats/forks of projects on Ethereum and there really isn't much innovation at all - it's a "casino chain".

I expect Base to be distinctly different to this with actual innovative apps being built on it.