🏆 we have a winner! (assuming by "TVL" you mean "supply on L2")
Ethereumclose (got the colours right) but wrong metric!
Ethereum
If you were BDFOJSB, what would you have me write about? BDFOJSB = benevolent dictator for one Josh Stark blogpost
(I have since learned that people say this same thing in a very large number of places)
whenever I see people complain about "crypto twitter sentiment", I think of a thing I heard a lot growing up in the prairies: "if you don't like the weather, wait five minutes"
7. Third, TX is only good if it is accurate. TX that consists of an echo chamber of simple, clear, and pleasing explanations about a blockchain, but which ultimately creates false expectations, is bad TX. Good TX requires honesty about limitations & weaknesses.
6. Second, TX is a property of an ecosystem, not an app. The TX of a person buying an NFT inside a wallet is not limited to the four corners of that application. Their TX will include: everything they've read or heard about crypto, blockchains, or NFTs in the past.
5. First, TX needs to scale to serve a wide variety of users. Developers, investors, companies, governments, and individual people with diverse needs are all "users" of TX. They each will go through a different TX depending on their goals and requirements.
4. Improving TX should be a core goal of any blockchain ecosystem, including Ethereum. How should we think about this? Here are three key ideas as a starting point:
3. TX gives a name to an intuition that many people have across blockchain ecosystems: Its not enough that 'chains actually *are* reliable, decentralized, and censorship-resistant. They must also persuade people of these facts, so that users can choose to trust them.
2. One way to look at TX is to compare it to UX. UX = how a person interacts with and experiences a technology TX = how a person interacts with and experiences forming expectations about the future behaviour of that technology
1. When we use such systems, we decide whether to trust it or not, usually by predicting future behaviour. We use a range of experiences: our own knowledge, past behaviour, expert opinions, social & market signals, and more. Let's call this "Trust Experience" or TX
0. Blockchains, legal systems, bridges, buildings, and cloud backups share something in common. They are all systems where we care about their future reliability. Even if they appear to work fine now, their value really depends on whether they work in the future.
Here's a more digestible thread summarizing my post "Making Sense of Trust Experience" https://stark.mirror.xyz/rkLEVz9p4r3ouusD-WCkWP_iVZYkZ0K7TFkzeRfiXCU
(3) Differentiating Ethereum's hardness vs other L1s requires... some widely understood basis for comparison. We're quite bad at this! What is the right metric or qualitative description of why Ethereum is "more secure" than Bitcoin? What about Ethereum vs Solana?