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The incentives aren't there for developers to build on somebody else's blockchain. I got in trouble for saying this in 2017, but I still stand by it: There is a free-rider effect on blockchains. There is a strong incentive to fork a chain and build your own rather than to build on an existing
chain.
Vitalik Buterin
Developers Aren't Incentivized to Build on Someone Else's Blockchain
Vitalik: Ethereum, Part 1
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