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Topic: Supporting Numbers Protocol on an EVM-Compatible L2 Blockchain
Dear Numbers DAO,
We are excited to present for your consideration an important strategic expansion for Numbers Protocol: supporting our platform on an EVM-compatible L2 (Layer 2) blockchain. This move would enable greater scalability, lower transaction costs, and enhanced accessibility for our community, fostering broader adoption of Numbers Protocol’s services.
Our past experience supporting blockchain solutions like Hedera has demonstrated the potential for improved performance and user engagement. Now, we are looking to extend these benefits to other L2 solutions, leveraging the advantages of popular, EVM-compatible L2 blockchains. This initiative may include features such as commit asset history and NFT minting, which are core to Numbers Protocol’s offerings.
L2 Candidates Under Consideration
To align with current market trends and community needs, we are exploring the following L2 blockchains as potential candidates:
Arbitrum:
Pros: High scalability and low transaction fees, with a strong and active developer community. Known for its fast-growing ecosystem and support for decentralized applications (dApps).
Potential Impact: Expanding to Arbitrum would enhance Numbers Protocol’s transaction efficiency and attract users familiar with its robust infrastructure.
Optimism:
Pros: Well-established in the Ethereum community, offering seamless integration and compatibility with existing Ethereum tools and dApps.
Potential Impact: Support on Optimism would align with Ethereum’s mission and attract creators and developers looking for a scalable solution without sacrificing Ethereum’s security and ecosystem benefits.
Base:
Pros: Backed by Coinbase, Base has quickly become a popular L2 solution, offering deep integration with Coinbase products and services, making it user-friendly and accessible for new adopters.
Potential Impact: Integration with Base could expand Numbers Protocol’s reach to a larger user base, tapping into Coinbase’s broad customer base and simplifying the onboarding process for newcomers.
Main Discussion Points
1. Strategic Benefits of L2 Expansion:
Scalability and Lower Costs: Supporting an L2 solution will enable more efficient transactions for commit actions and NFT minting, improving the user experience.
Wider Reach: By integrating with a popular L2 blockchain, Numbers Protocol can engage with an expanded pool of developers and users, enhancing the overall growth of our ecosystem.
Sustainability: Reduced energy consumption and costs are key advantages of L2 solutions, aligning with Numbers Protocol’s commitment to sustainable practices.
2. Potential Use Cases:
Commit Actions: Faster and cheaper commit operations for content verification.
Community Verification: Allowing the community to verify the content authenticity.
NFT Minting: Expanding our minting capabilities to include L2 solutions, making it easier for users to create and manage NFTs.
Broader Adoption: Lower fees and seamless user experience could encourage more users and projects to engage with Numbers Protocol.
3. Community Involvement:
We invite feedback on which L2 solution the DAO believes would best support Numbers Protocol’s goals and community needs.
What use cases or features do you envision benefiting most from L2 support?
As we explore this potential expansion, we will evaluate each L2 candidate based on community input, technical feasibility, and strategic alignment. We encourage the DAO to share thoughts, questions, and suggestions to guide this important decision.
Expanding Numbers Protocol’s support to an EVM-compatible L2 blockchain represents a significant step toward enhancing scalability, efficiency, and community engagement. We look forward to hearing from the community and leveraging your insights to shape the future direction of Numbers Protocol.
Thank you for your continued participation and support.
I think Base is the best first choice for expansion. Fastest growing L2 with the most active users, cleanest connection between web 2 to web 3 onboarding of new users because of Coinbase and wallet UX improvements, and quickly becoming the main competitor to solana for AI projects with Virtuals and others in the process of migrating to Base like Imgnai
Topic: Supporting Numbers Protocol on an EVM-Compatible L2 Blockchain
Dear Numbers DAO,
We are excited to present for your consideration an important strategic expansion for Numbers Protocol: supporting our platform on an EVM-compatible L2 (Layer 2) blockchain. This move would enable greater scalability, lower transaction costs, and enhanced accessibility for our community, fostering broader adoption of Numbers Protocol’s services.
Our past experience supporting blockchain solutions like Hedera has demonstrated the potential for improved performance and user engagement. Now, we are looking to extend these benefits to other L2 solutions, leveraging the advantages of popular, EVM-compatible L2 blockchains. This initiative may include features such as commit asset history and NFT minting, which are core to Numbers Protocol’s offerings.
L2 Candidates Under Consideration
To align with current market trends and community needs, we are exploring the following L2 blockchains as potential candidates:
Arbitrum:
Pros: High scalability and low transaction fees, with a strong and active developer community. Known for its fast-growing ecosystem and support for decentralized applications (dApps).
Potential Impact: Expanding to Arbitrum would enhance Numbers Protocol’s transaction efficiency and attract users familiar with its robust infrastructure.
Optimism:
Pros: Well-established in the Ethereum community, offering seamless integration and compatibility with existing Ethereum tools and dApps.
Potential Impact: Support on Optimism would align with Ethereum’s mission and attract creators and developers looking for a scalable solution without sacrificing Ethereum’s security and ecosystem benefits.
Base:
Pros: Backed by Coinbase, Base has quickly become a popular L2 solution, offering deep integration with Coinbase products and services, making it user-friendly and accessible for new adopters.
Potential Impact: Integration with Base could expand Numbers Protocol’s reach to a larger user base, tapping into Coinbase’s broad customer base and simplifying the onboarding process for newcomers.
Main Discussion Points
1. Strategic Benefits of L2 Expansion:
Scalability and Lower Costs: Supporting an L2 solution will enable more efficient transactions for commit actions and NFT minting, improving the user experience.
Wider Reach: By integrating with a popular L2 blockchain, Numbers Protocol can engage with an expanded pool of developers and users, enhancing the overall growth of our ecosystem.
Sustainability: Reduced energy consumption and costs are key advantages of L2 solutions, aligning with Numbers Protocol’s commitment to sustainable practices.
2. Potential Use Cases:
Commit Actions: Faster and cheaper commit operations for content verification.
Community Verification: Allowing the community to verify the content authenticity.
NFT Minting: Expanding our minting capabilities to include L2 solutions, making it easier for users to create and manage NFTs.
Broader Adoption: Lower fees and seamless user experience could encourage more users and projects to engage with Numbers Protocol.
3. Community Involvement:
We invite feedback on which L2 solution the DAO believes would best support Numbers Protocol’s goals and community needs.
What use cases or features do you envision benefiting most from L2 support?
As we explore this potential expansion, we will evaluate each L2 candidate based on community input, technical feasibility, and strategic alignment. We encourage the DAO to share thoughts, questions, and suggestions to guide this important decision.
Expanding Numbers Protocol’s support to an EVM-compatible L2 blockchain represents a significant step toward enhancing scalability, efficiency, and community engagement. We look forward to hearing from the community and leveraging your insights to shape the future direction of Numbers Protocol.
Thank you for your continued participation and support.
⏰Review Period: Nov 21st - Dec 5th, 2024
┆The issue is also created on Asana
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