I think the take "we don't need 10ms of blocktime" is the worst take ever.
In the last 10 years we have had:
- The Ethereum maxis who spat on Solana because for them, 400ms of block time changes nothing to their habits.
- The Solana maxis who thought no one could do better before realizing that their tech was not good for Perps trading.
The common denominator? Everyone thought they didn't need more because they are matrixed by what they already know, except that with new capabilities come new types of applications that we cannot imagine.
And it's as old as the world as a reaction, we already had that with the Internet vs my TV or my radio, I'm just at the Stone Age, you have guys with wooden clubs who told others that wood was more than enough.
In short, I'm not saying that @megaeth will be a success, it's more complicated than just having good tech, but I believe it's the kind of innovation that should be welcomed. And if MegaETH succeeds, my thesis is that it will create a plethora of "real-time" L2s that will flood the market because we will find a PMF for instantaneity. Besides, I don't understand why we normalize the fact of waiting for a transaction to go through, but once again, it's related to habits.
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I think the take "we don't need 10ms of blocktime" is the worst take ever.
In the last 10 years we have had:
- The Ethereum maxis who spat on Solana because for them, 400ms of block time changes nothing to their habits.
- The Solana maxis who thought no one could do better before realizing that their tech was not good for Perps trading.
The common denominator? Everyone thought they didn't need more because they are matrixed by what they already know, except that with new capabilities come new types of applications that we cannot imagine.
And it's as old as the world as a reaction, we already had that with the Internet vs my TV or my radio, I'm just at the Stone Age, you have guys with wooden clubs who told others that wood was more than enough.
In short, I'm not saying that @megaeth will be a success, it's more complicated than just having good tech, but I believe it's the kind of innovation that should be welcomed.
And if MegaETH succeeds, my thesis is that it will create a plethora of "real-time" L2s that will flood the market because we will find a PMF for instantaneity.
Besides, I don't understand why we normalize the fact of waiting for a transaction to go through, but once again, it's related to habits.
MegaBunnzish