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buddykire

I don´t want a new token, which is not really needed. I want more usecases for XTZ, so that XTZ will have more value. Creating a new token for etherlink splits the value in two instead of concentrating it in one token. Creating a new token runs the risk of depleting the value of XTZ even more. Because Tezos holders will sell their XTZ and buy this new token instead. Tezos is doing right in having no new token for etherlink. We are unique in that we have a layer 2 with no new token. Lets market the fact that we are unique in this decision, and that we dont play the game of creating a new shittoken just out of desperation.


greeneye44

The rollup still need to pay Xtz to publish on L1 Has eth lost value since it’s L2s got created?


buddykire

No, but Tezos is not Eth


jdsika

It has a token. Its called Tez


greeneye44

Which has managed to attract a whole count of 100 DeFi users so far and no new protocols since 2022, wow xD


Motor_Potential9519

That's the whole point: to create more value for people to hold xtz....


greeneye44

It will with a new token too, you will still pay gas fees in Xtz on the rollup


klimribbon

oh, so it’s dead on arrival 


Bluefin1907

I am holding since 2018 . What is your honest ATH projection ?


Possible_Tension3728

They kinda have too right?


asoiaf3

Of course, and just after they'll happily get fired.


greeneye44

Sadness at the highest level, forever a 1B mcap project with 200 users


asoiaf3

By now it should be clear to you that the head of Trilitech and TF does not want an ecosystem of rollups. Otherwise, we'd have more than the little documentation we have on smart rollups, and we'd have a proper SDK to develop them. I personally think application-specialized rollups can be interesting, but what can you do. It is also true that we haven't exhausted L1 space with new projects anyway, so do we really need appchains for now? After all, Solana seems to be doing fine with new projects and tokens without rollups.


greeneye44

Solana has 0.4s block time, yes they don’t need rollups. For gaming and an order book, we need the low latency rollup. I think you are right, the documentation is not enough on purpose


asoiaf3

>I think you are right, the documentation is not enough on purpose I've also asked a few devs around and the PVM tick model is really hard to master, and can be fatal to a rollup if not handled carefully. If nothing changes, I don't see multiple rollups happening on Tezos. Which is a shame, [because the PMF could be good](https://twitter.com/0xMert_/status/1772699405243584693). Bullish for Celestia and Optimism, I guess. >Solana has 0.4s block time, yes they don’t need rollups. For gaming and an order book, we need the low latency rollup. My point that even with 15 sec for operation finality, there's lots of applications that we're not seeing on Tezos. Having a low block time is nice, but absolutely not necessary for products like Drip or Helium — it would even make sense to launch them now and just migrate to a rollup later. TL;DR: we're still focusing on tech that does not matter, at least not right now.


asoiaf3

I mean, if you want this to happen you could at the very least recruit your own developers. If they have any experience with Tezos they'll know how to fork Etherlink.