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RE: Redundancy Doesn't Exist Here
Well it won't be absorbed in the traditional sense as one takes over the other, but in a sense of freedom and competition. Investors and customers can easily pull the plug and migrate to a project that provides a superior service.
Yeah, I hear you, but because the systems are open, open-source, and permissionless, you can't really make a superior service. The other projects will just copy what was done to become superior. This is flat architecture. The playing field is constantly being leveled.