Yes we will see various interested parties work incessantly to gain advantages unchain, just as we see VCs and crypto corporates lobby governments today. This is an important engine of innovation.Their efforts will be far more legible and traceable onchain. And of course smart actors will use obfuscation techniques. Fortunately, the open source blockchain ecosystem has a super-power called forking.If a group doesn't like the philosophy or decisions of a Layer 1 community, it is possible to fork the running ...

Economic Security Myths Debunked - Delegation with slashing incentivizes careful operator selection, contrary to the belief that delegation negates security [1] - Relying solely on forking for security is impractical due to the time required, necessitating economic security for pre-fork finality [2] - Economic security can be automated through a market where users directly purchase security, addressing the issue of burnt slashed funds [3] - Economic security's failure to protect against liveness attacks stems from chain design flaws, not inherent limitations [4] Proof of Stake (PoS) vs Proof of Work (PoW) - Incentivizing stake is crucial, as committees alone resemble less secure systems like Libra [5] - While current PoS reward curves are arbitrary, market-driven security pricing can emerge through mechanisms like Stakesure [6] - PoW is essentially staking via mining devices, but PoS allows for burning or redistributing misbehaving miners' stake [7] Building Secure Chains - Security pricing is essential for resource provisioning and overall chain security [8] - Understanding economic security is crucial for building self-enforcing chains, contrasting with less robust committee chains [7]