Rollups are not tied to Ethereum. Rollup teams can and will deploy on robust security and/or DA layers. E.g. If Bitcoin were to add opcodes to verify STARKs, I bet we see StarkNet Bitcoin. Or if someone invents a revolutionary consensus mechanism that obsoletes PoS.
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(1/4)
Like DeFi protocols, they may also deploy on more centralized and insecure security layers to preempt forks. I'd bet they would be incentivized to do so. E.g. Instead of $X00M on ephemeral liquidity mining, more pragmatic would be to pay StarkNet to deploy on Avalanche.
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(2/4)
Of course, only Ethereum has an ambitious roadmap for rollups with global scale DA, and I'm not aware of any other project even attempting to build a security layer with robust economics and network effects. Could change in 5-10 yrs, of course. Niches can form elsewhere.
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The reason I focus on rollups and not security/DA layers is because everything I've said about doesn't really matter long term. Like I argued in my last thread, the L1 fees will tend towards negligible - the real battleground long term will be between rollups themselves.
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(4/4)
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