https://twitter.com/MightySpxdey/status/1615531185957912577Currently, Ethereum L1 fees are high because there's extremely limited supply and high-value financial transactors don't care about fees. However, as blockspace supply increases, demand will fall off non-linearly. At S', the total fees are a fraction of total fees at S.
https://twitter.com/apolynya/status/1611568168065204228
https://twitter.com/apolynya/status/1475719519603609601Infrastructure like L1s, L2s, exec/data layers, whatever else are still broadly overvalued by the industry
https://twitter.com/apolynya/status/1476156995644256257Arbitrum, Optimism, zkSync 2.0 barely resemble their 2021 iterations under-the-hood; StarkNet probably looks similar, but they have also decided to swap around performance and decentralization on their roadmap
https://twitter.com/Forculus/status/1590081117801316352The crypto industry has a grotesque entitlement with "subsidize and inshallah" (credit: @toghrulmaharram) type economic models
https://twitter.com/nickwh8te/status/1583567274119569408Firstly, not all aggregators are equal. Lido has 29 entities, and the governance can at most eject these over time AFAIK, & they are working on governance minimization. The actual number when damage happens at 51% is 32. This is a pretty poor showing nevertheless.
https://twitter.com/dankrad/status/1574319928643051520
https://twitter.com/ChainLinkGod/status/1568084396644913154b) sequencers learn to compose with each other; so you can have hundreds of sequencers, composing to one common state, i.e. true parallelism (of course, this is speculative, but I know multiple teams are working on similar ideas)
https://twitter.com/nickwh8te/status/1567985189669974016Likewise with AWS, they also control supply and manage server inventory & activation through in-depth demand analysis
https://twitter.com/apolynya/status/1566645159978184705
https://twitter.com/apolynya/status/1567565364334313472Does the protocol require honest-minority, i.e. only 1 or 2 out of N need be honest, and they are collaborating with an honest-majority layer whose top priority is economic security & sustainability?
https://twitter.com/apolynya/status/1504723696811798531So, even if after EIP-4844 L1 fees drop to ~1% of total fees, the rollup still accounts for 99% of the fees. Hence, it remains completely up to the rollups on how low the fees are. Today, Arbitrum has chosen a flat 0.1 gwei gas price as a floor, presumably to avoid spammy bloat.
https://twitter.com/0xdoug/status/1564452970552508417A successful DEX can certainly securely settle billions of dollars in value, but it's a bit of a chicken-and-egg problem. A new DEX will necessarily be insecure barring speculation. Instead, a DEX collaborating with a focused settlement layer will always win significantly.
https://twitter.com/FUCORY/status/1539994916008480768I stopped enjoying a long time ago, for a long while now I'm here mostly because of inertia and people keep requesting me to. I have been committed to a gradual wind-down, but I'm personally better off putting a hard stop to my rollup-related discussions on twitter.