stripes new L1 makes one thing very clear: its crypto's fight to lose. for decades now we've advocated for blockchains to replace the financial system and they finally are... but not in the way we expected. i see many people complaining "why new L1? why not ETH or an L2?" and the truth is many features we've optimized for (e.g. huge validator set, transparency over privacy, decentralization over lower tps) just hasn't cut it for mainstream use-cases (outside of store-of-value for bitcoin). Patrick Collision literally says it himself in his announcement tweet. so is the answer just centralized corp L1s? do we just run back LIBRA again and KYC everyone? i don't know but if i had to guess: no, but it will be somewhere in between a "very decentralized" chain and a "very centralized" one. my guess is the most used chains / blockchain apps will be ones with a smaller validator set but still large enough to be sufficiently decentralized, optimized for simple UX and one that is...
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