L3s
/l3s150
Discussion and collaboration on L3s
We are thrilled to be supporting @steviep and @keikreutler and their work as @metabasedorg fellows—to explore new economic mechanisms that will not only grow community-owned rollups but Ethereum and web3 long-term.
Follow them and their work over the next couple months!
Follow them and their work over the next couple months!
808243
Metabased
@metabased·20:46 23/10/2024
Please join us in introducing our inaugural Metabased Fellows: @steviep and @keikreutler!
Over the next couple months, they’ll be working with our community on the research, experimentation, and design of new economic mechanisms for community-owned rollups at scale.
More info on these two is in the comments below.
Over the next couple months, they’ll be working with our community on the research, experimentation, and design of new economic mechanisms for community-owned rollups at scale.
More info on these two is in the comments below.
Apply by 11:59pm PST tonight!
808243
Metabased
@metabased·21:25 07/10/2024
Today's the final day to submit an application for the Metabased fellowship (11:59pm PST). We're looking for folks building the future of communities with crypto tooling. Fellows receive:
— Mentorship from industry leaders
— $20k stipend
— Early access to Syndicate's newest tech
https://airtable.com/appmZFbdGEFBBrDCo/page3DoSykqP2LqE2/form
— Mentorship from industry leaders
— $20k stipend
— Early access to Syndicate's newest tech
https://airtable.com/appmZFbdGEFBBrDCo/page3DoSykqP2LqE2/form
Chain ID: ###############
Name: Metabased-Farpoint
🤫⏳🔜
Name: Metabased-Farpoint
🤫⏳🔜
With centralized L2/L3s, a company is the block builder/proposer (captures priority fees) and the sequencer (captures sequencing fees). If only the sequencer is decentralized, is the rollup *really* decentralized, if most of the economics in the form of priority fees still go to a central party?
This is why community-owned rollups like @metabased are where things are inevitably headed. Decentralization of not just the tech but the full governance and economics which not only leads to more prosperous networks, but as a result, a more resilient, sustainable, and scalable ones.
This is why community-owned rollups like @metabased are where things are inevitably headed. Decentralization of not just the tech but the full governance and economics which not only leads to more prosperous networks, but as a result, a more resilient, sustainable, and scalable ones.
Thanks to @macauley and the crew at @blockworks for highlighting the Metabased initiative, that focuses on community-owned sequencing via L3s and more. We're exploring what's next on-chain.
If you want to learn more—or collaborate—drop a reply here, send us a DC, and check out /metabased.
If you want to learn more—or collaborate—drop a reply here, send us a DC, and check out /metabased.
Congrats to @deployer and the Ham community. We’re excited to see more work that advances community-owned networks onchain. 🍖💪
4482
Deployer
@deployer·15:23 29/08/2024
Hamcaster is LIVE! www.hamcaster.com
A new social-fi app built on Farcaster and Ham chain. Start collecting caster tokens now, or create your own!
A new social-fi app built on Farcaster and Ham chain. Start collecting caster tokens now, or create your own!
We are metabased! @goldchain is now part of @metabased, a community of 20+ organizations working to decentralize the next layer of Ethereum. Being a part of this initiative aligns with Gold's vision to create a truly open and community-owned gaming ecosystem. Huge S/O to @iandaos, @will, + the @syndicate team for putting this together 🙏
808243
Metabased
@metabased·13:19 27/08/2024
Today, we’re excited to announce the launch of Metabased, a growing community of 20+ organizations leading the development and decentralization of the next layer of Ethereum to build a truly community-owned internet.
Read more here: https://metabased.notion.site/Introducing-Metabased-2ed56716b4d346b5b542331cb4715924
Read more here: https://metabased.notion.site/Introducing-Metabased-2ed56716b4d346b5b542331cb4715924
We're proud to help lead @metabased as a core contributing member alongside 20+ leading organizations.
The next layers of Ethereum will be community-owned and lead to a more free, open, and better internet ✨
The next layers of Ethereum will be community-owned and lead to a more free, open, and better internet ✨
808243
Metabased
@metabased·13:19 27/08/2024
Today, we’re excited to announce the launch of Metabased, a growing community of 20+ organizations leading the development and decentralization of the next layer of Ethereum to build a truly community-owned internet.
Read more here: https://metabased.notion.site/Introducing-Metabased-2ed56716b4d346b5b542331cb4715924
Read more here: https://metabased.notion.site/Introducing-Metabased-2ed56716b4d346b5b542331cb4715924
NEW ESSAY: Metabased Progressive Decentralization
Following our post on metabased economic mechanisms, here we explore how /metabased rollups offer networks unparalleled flexibility in implementing and evolving decentralization models.
Read here: https://syndicate.io/blog/metabased-progressive-decentralization
Following our post on metabased economic mechanisms, here we explore how /metabased rollups offer networks unparalleled flexibility in implementing and evolving decentralization models.
Read here: https://syndicate.io/blog/metabased-progressive-decentralization
NEW ESSAY: Metabased Economic Mechanisms
After our piece on metabased rollups, the Syndicate team dug into the economic mechanisms that the metabased architecture unlocks.
Read here: https://syndicate.io/blog/metabased-economic-mechanisms
After our piece on metabased rollups, the Syndicate team dug into the economic mechanisms that the metabased architecture unlocks.
Read here: https://syndicate.io/blog/metabased-economic-mechanisms
For me, this is personal.
The world's economic systems have locked communities into someone else's rules and game.
We felt this when we worked on DAOs and now L3s.
Now it's time to put the power of networks themselves back into the hands of their communities where it belongs.
The world's economic systems have locked communities into someone else's rules and game.
We felt this when we worked on DAOs and now L3s.
Now it's time to put the power of networks themselves back into the hands of their communities where it belongs.
20929
Syndicate
@syndicate·16:00 31/07/2024
Today, we’re sharing our development of a powerful rollup we call “metabased” and a new community-led initiative @metabased
Currently there are no paths for rollups to decentralize their networks to their communities to economically empower them.
We're going to solve this.
syndicate.io/blog/metabased-rollups
Currently there are no paths for rollups to decentralize their networks to their communities to economically empower them.
We're going to solve this.
syndicate.io/blog/metabased-rollups
20929
Syndicate
@syndicate·16:00 31/07/2024
Today, we’re sharing our development of a powerful rollup we call “metabased” and a new community-led initiative @metabased
Currently there are no paths for rollups to decentralize their networks to their communities to economically empower them.
We're going to solve this.
syndicate.io/blog/metabased-rollups
Currently there are no paths for rollups to decentralize their networks to their communities to economically empower them.
We're going to solve this.
syndicate.io/blog/metabased-rollups
Today, we’re sharing our development of a powerful rollup we call “metabased” and a new community-led initiative @metabased
Currently there are no paths for rollups to decentralize their networks to their communities to economically empower them.
We're going to solve this.
syndicate.io/blog/metabased-rollups
Currently there are no paths for rollups to decentralize their networks to their communities to economically empower them.
We're going to solve this.
syndicate.io/blog/metabased-rollups
270504
alex
@proxystudio.eth·11:42 30/07/2024
@proxyswap team will be submitting our final report on the Conduit downtime incident and lost user / pool funds to Degen team today.
our work would not have been possible without @whyshock, who dug deeply into all available data, or @akhil-bvs who helped to steward this along
learned a lot from this process, a few things that standout:
1. responsibility
when there are user losses its vital that someone step forward and take responsibility (as applicable), collect data from those users and figure out what means are available to make the users whole.
2. coordination
in an ecosystem wide event like this, having a centralized process is important from a comms & user trust perspective. in the absence of that, you'll get fragmented information flowing from users to a bunch of different teams and a lack of clarity around what - if any - options are available to people
1/2
our work would not have been possible without @whyshock, who dug deeply into all available data, or @akhil-bvs who helped to steward this along
learned a lot from this process, a few things that standout:
1. responsibility
when there are user losses its vital that someone step forward and take responsibility (as applicable), collect data from those users and figure out what means are available to make the users whole.
2. coordination
in an ecosystem wide event like this, having a centralized process is important from a comms & user trust perspective. in the absence of that, you'll get fragmented information flowing from users to a bunch of different teams and a lack of clarity around what - if any - options are available to people
1/2
@syndicate ’s blog post inspired me to follow-up with some other thoughts on my side - block explorers for L3s.
16884
Jaack
@ijaack·16:58 25/07/2024
L3s ain’t working.
I mean, they are live, but they don’t make money onchain. What’s the way to sustainability? Does it need to be offchain?
Every chain needs a block explorer. But if a gaming L3 is not financially sustainable, who pays for it?
https://jaack.montaigne.io/how-to-sustain-block-explorers-for-l-3-s
I mean, they are live, but they don’t make money onchain. What’s the way to sustainability? Does it need to be offchain?
Every chain needs a block explorer. But if a gaming L3 is not financially sustainable, who pays for it?
https://jaack.montaigne.io/how-to-sustain-block-explorers-for-l-3-s
2824
Seed Club
@seedclub·18:12 24/07/2024
Are L3s luxury chains? They make scenecoins and social token networks (Sanko, /enjoy, etc.) much more accessible and engaging, allowing for fluid participation, speculation, and a more focused space for collective contributions towards growth of a native scene. @joshcrnls @jess
NEW ESSAY: The Hard Problem with Decentralizing L3s
For a rollup-centric Ethereum to succeed at scale, L3s must decentralize to empower their communities, enhance resilience, and unlock new economic models.
But significant technical and coordination challenges remain.
https://syndicate.io/blog/decentralizing-l3s
For a rollup-centric Ethereum to succeed at scale, L3s must decentralize to empower their communities, enhance resilience, and unlock new economic models.
But significant technical and coordination challenges remain.
https://syndicate.io/blog/decentralizing-l3s
NEW ESSAY: The Economics of L3s
L3s promise 10,000x lower fees, but face major economic hurdles. Our analysis reveals the challenges for L3s to reach profitability, current L3 use cases, and the future pathways to valuable L3 networks.
https://syndicate.io/blog/l3-economics
L3s promise 10,000x lower fees, but face major economic hurdles. Our analysis reveals the challenges for L3s to reach profitability, current L3 use cases, and the future pathways to valuable L3 networks.
https://syndicate.io/blog/l3-economics
15983
Jacek.degen.eth 🎩
@jacek·08:23 16/07/2024
2/3 Degen L3 is in a tough spot. We’ve received terrible service from our providers, and apologies aren’t cutting it. Outages and lost user funds are unacceptable, especially from companies claiming to specialize in this.
In my 10 years in the industry, I can distinctly remember 6 times after seeing and learning about something more deeply I became most excited:
2014: Bitcoin
2015: Ethereum
2017: ERC-20 and ERC-721
2019: Uniswap/AMMs
2021: Investing DAOs
2024: L3s
Something big is coming.
2014: Bitcoin
2015: Ethereum
2017: ERC-20 and ERC-721
2019: Uniswap/AMMs
2021: Investing DAOs
2024: L3s
Something big is coming.
One of the opportunities with L3s we’re most excited about is customizability.
L3s offer modularity and customization options far beyond what’s possible with general-purpose L1s or L2s.
This enables for the creation of highly tailored economies and true community ownership.
L3s offer modularity and customization options far beyond what’s possible with general-purpose L1s or L2s.
This enables for the creation of highly tailored economies and true community ownership.
20929
Syndicate
@syndicate·17:26 09/07/2024
L3s are emerging as the next frontier in scaling Ethereum. At Syndicate, we've worked alongside dozens of teams to pursue that opportunity. Yet there are still many challenges.
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
“Instant or near-instant cross-chain transactions will be needed for L3s to truly scale to enable better experiences for developers and users.”
Well put. This is a must for L3s to be useful.
If you need this today, my DCs are open
Well put. This is a must for L3s to be useful.
If you need this today, my DCs are open
20929
Syndicate
@syndicate·17:26 09/07/2024
L3s are emerging as the next frontier in scaling Ethereum. At Syndicate, we've worked alongside dozens of teams to pursue that opportunity. Yet there are still many challenges.
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
When teams ask us “Why an L3”, this is the advice we give them in terms of the biggest opportunities and challenges.
But for the teams who are going all-in on L3s with us and our partners, we’re working on these shared challenges together—to take Ethereum to the next level of adoption and community ownership.
But for the teams who are going all-in on L3s with us and our partners, we’re working on these shared challenges together—to take Ethereum to the next level of adoption and community ownership.
20929
Syndicate
@syndicate·17:26 09/07/2024
L3s are emerging as the next frontier in scaling Ethereum. At Syndicate, we've worked alongside dozens of teams to pursue that opportunity. Yet there are still many challenges.
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
L3s are emerging as the next frontier in scaling Ethereum. At Syndicate, we've worked alongside dozens of teams to pursue that opportunity. Yet there are still many challenges.
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
We discuss the dual nature of today’s L3s in this essay:
https://syndicate.io/blog/l3-opportunities-challenges
The future of gaming is onchain, powered by L3s
Congrats @goldchain on the public launch of @skyoneer, their first fully onchain game
Syndicate is excited to be working with Gold on next-gen L3 infrastructure to power new to world experiences for players and game developers 🙌
Congrats @goldchain on the public launch of @skyoneer, their first fully onchain game
Syndicate is excited to be working with Gold on next-gen L3 infrastructure to power new to world experiences for players and game developers 🙌
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It’s been great working with @alexcomeau @betashop.eth and the @airstack.eth team on the future of L3s and how web3 scales to millions of new people
Airstack has been a core part of every L3 we’ve launched to date and more to come
Airstack has been a core part of every L3 we’ve launched to date and more to come
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We're excited to be working with Unite on its new L3 for mobile games 🎮
Together with Unite's veteran team, mobile games SDKs, and Syndicate's next-gen L3 infrastructure, we're paving the way for a new era of mobile gaming experiences to onboard millions of players onchain.
x.com/uniteio/status/1805586821440483633
Together with Unite's veteran team, mobile games SDKs, and Syndicate's next-gen L3 infrastructure, we're paving the way for a new era of mobile gaming experiences to onboard millions of players onchain.
x.com/uniteio/status/1805586821440483633
L3s will scale Ethereum and unlock massive new opportunities.
Here’s a peek at how Syndicate and @airstack.eth are building infrastructure for the 100+ teams developing or planning L3 chains today.
https://syndicate.io/blog/airstack-syndicate-l3-adoption
Here’s a peek at how Syndicate and @airstack.eth are building infrastructure for the 100+ teams developing or planning L3 chains today.
https://syndicate.io/blog/airstack-syndicate-l3-adoption
If your team is looking to experiment at the cutting-edge of L3s and onchain data/mechanisms, let’s talk!
We’re already beginning to get a peak at the new experiences developers can build with fully onchain tipping systems and social data on Ham Chain.
If you’re building on Ham Chain (or are looking to launch your own L3), let us know!
If you’re building on Ham Chain (or are looking to launch your own L3), let us know!
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With L3s being much lower cost, there is room for UX improvements that aren’t as easy on other chains with higher costs. That is why we added native account abstraction from @biconomy in @goldchain. It is time to onboard your parents to crypto!
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L3s on /onceupon:
- degen
- stack
- gold
- ham
- frame chain
more coming soon!
https://www.onceupon.xyz/chains
- degen
- stack
- gold
- ham
- frame chain
more coming soon!
https://www.onceupon.xyz/chains
Applications and communities are independently starting to wake up the realization that they should one day have their own chains as L3s (or sometimes L2s).
This will lead to one of the biggest revolutions and help fulfill web3’s original promise of a user-owned internet.
This will lead to one of the biggest revolutions and help fulfill web3’s original promise of a user-owned internet.
To date the industry has thought about L3s, L2s, and ZK rollups in largely the same way: as chains with large enough ecosystems that horizontally scale Ethereum L1, laterally interop, and focus on particular subcultures.
This year we’ll learn that this is not the case and the design is more specific and meaningful.
This year we’ll learn that this is not the case and the design is more specific and meaningful.
Custom Gas Token in Beta on the /op-stack is here!
We're looking for people who are building as well as giving us feedback to improve the product along the way.
If that's you, let's build!
More details:
https://x.com/OPLabsPBC/status/1795933890617438601
We're looking for people who are building as well as giving us feedback to improve the product along the way.
If that's you, let's build!
More details:
https://x.com/OPLabsPBC/status/1795933890617438601
Are you working on or exploring L3s? If so, comment on this cast in what capacity so others can learn more.
What are you working on or exploring? What do you see as the opportunity? What are your biggest questions?
What are you working on or exploring? What do you see as the opportunity? What are your biggest questions?
New post from Vitalik on L2s
I’d argue that this is even more true for L3s, as L3s go a step further by being more community and therefore culture oriented than L2s
I’d argue that this is even more true for L3s, as L3s go a step further by being more community and therefore culture oriented than L2s
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L3BEAT is here 🙌
Excited to watch this sector grow in the months ahead
https://l2beat.com/scaling/summary?#layer3s
Excited to watch this sector grow in the months ahead
https://l2beat.com/scaling/summary?#layer3s
What L3s are coming soon?
