A simple L2 security and finalization roadmap

Below are the fees that rollups currently pay to the ETH mainnet

These are already tiny amounts

And here is a typical Base transaction - it shows that Base pays a tiny propotion of total user fee to ETH mainnet

And here is the current dominance of Base

It is easy to predict evolution if blob space grows 10 times - essentially L1 fees which are already miniscule will drop to zero, and there will be a single rollup surviving, which is Base

It is already estimated that Base shaved 50B USD of Eth market cap.

Moreover, Base has no plans to decentralize, and there is no economic model for anyone even provide Base fraud proofs, since running a fraud-detecting system in parallel to Base will cost lots of computational power.

1 Like