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David Friedman | Gaming the Future, Chapter 4: SKIM THE MANUAL | Intelligent Voluntary Cooperation.
The Foresight Institute Podcast
The Subsidiarity of Blockchains
There's no forcing function that forces all of them into the same architecture and they can still interoperate with pegging protocols like IBC. So one of the things that stands, so in that sense, the small blockchains are like municipalities and the large blockchains are more like nation states. For the small ones, the emphasis is competition and diversity. And for the large ones, thephasis is on decision making through governance.
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