Global Onchain Economy With
summary
Base frames itself as a developer-first, neutral economy aiming to increase economic freedom by anchoring identity and payments on L1/L2 while pushing scale with EIP-4844 to cut fees 2x–5x. It explains L3s as onchain integrated servers that enable micro‑fees (0.01–0.001¢) for tipping and gaming, describes a two-of-two multisig governance handed to Optimism and Base with a path to broader security council control, and points to Forecaster and organic DAOs as real experiments that already work.
AI-written summary · about
chapters (22)
- 0:00Intro: Jesse Pollak joins for a fireside chat
- 0:48Reflecting on Base’s first year
- 2:22The new mission: Building a global onchain economy
- 3:43From dev tools to economic freedom
- 5:06Comparing Base to U.S. & Apple App Store
- 7:15Building an open, accessible, neutral economy
- 8:11Why “onchain” is better than “web3”
- 9:35What qualifies as truly onchain
- 11:07Identity, payments, and infrastructure anchors
- 12:36Cost of being onchain and L2 evolution
- 13:31EIP-4844 and transaction fee goals
- 14:54Understanding L3s and ultra-low costs
- 15:29Superchain and Base’s role in L2 scaling
- 16:58Use cases for L3s like tipping and gaming
- 18:29L3 interoperability and experimentation
- 20:15Base’s role in dev tools, apps, and capital
- 21:43CoinBase’s influence vs. neutrality
- 23:11Base’s decentralized network governance
- 25:57Ecosystem independence and coinbase structure
- 28:17Bottom-up subcultures on Base
- 30:45The rise of baseDAO culture and governance
- 31:44Final advice: Just build something onchain
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