wbnns
commented
5 months ago @adnockamran
Thanks for sharing this feedback. This isn't specifically related to an issue with the paymaster repository so I'm going to go ahead and close it. That said, these are great ideas. You might want to consider sharing in the /base channel on Farcaster; people may be interested in discussing there if this were in a blog post you could link to. 👍
DanielaDudyova
Having a dedicated base layer like L3 for social media and gaming offers several benefits:
Scalability: A dedicated blockchain can be tailored to handle the specific requirements of social media and gaming, ensuring high scalability to accommodate a large number of transactions and users. Enhanced Security: By leveraging blockchain technology, data security and privacy can be significantly enhanced, protecting user information, digital assets, and transactions. Tokenization and Monetization: A dedicated blockchain enables the creation and management of tokens, facilitating seamless monetization of content, in-game assets, and interactions, thus providing new revenue streams for users and creators. Interoperability: Integration with other platforms becomes smoother, allowing users to carry their assets and identity across various social media and gaming platforms. Reduced Transaction Costs: With the elimination of intermediaries, transaction costs can be reduced, benefiting both users and platform owners. Community Governance: Blockchain-based social media and gaming platforms can offer users a say in the development and governance of the platform, creating a more democratic and inclusive environment. Immutable Content and Ownership: Content ownership and provenance can be reliably tracked and managed, reducing issues related to copyright infringement and content theft. Incentivized Participation: Through token rewards and incentives, users are encouraged to actively participate, creating a more engaging and vibrant community. Decentralized Infrastructure: By distributing data across a decentralized network, the platform becomes more resilient to censorship and data breaches, ensuring continuity and reliability. Smart Contract Automation: Smart contracts can automate various processes such as payments, content distribution, and user rewards, reducing the need for manual intervention and increasing efficiency.