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Do Based Rollups Solve Everything? | Justin Drake

Bankless

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The Economics of Ether and Layer 2 Implications

This chapter explores how base rollups influence the economic landscape of Ether, including its competition with platforms like Solana. It emphasizes the importance of maintaining network effects during the transition of decentralized finance (DeFi) from layer 1 to layer 2 solutions and examines the future of L2 interoperability. The conversation also addresses scalability strategies for Ethereum, paralleling Ether's value with traditional assets like gold through the lens of network dynamics.

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