Do you think Abstract will airdrop to PENGU holders?
@jonathan
Delphi Digital
Do you think Abstract will airdrop to PENGU holders?
Really good report! Wdyt the endgame for Ethereum vs. Solana looks like specifically in relation to L2s? Do you think a lower proportion of apps will end up moving to their own L2 on Solana because the L1 is performant or is the endgame similar where more and more apps will gradually tend to own their blockspace?
"The settlement costs remain constant, regardless of the increase in throughput."
How's the settlement cost paid? Is it in the form a regular transaction on Ethereum or something different?
Good stuff!
"So it does stand to enable cross-rollup asset flows, but not atomic cross-rollup DeFi."
Can you remind me why this is the case?
"as it only verifies consensus (via 2/3 validator signatures) and not the state transition rules."
Interesting. This is why with IBC you're implicitly trusting the validators of the other chain...
jonathan has not authored any research reports yet.