Make sure your node is ready for Pectra!
The Smart Node has been updated to v1.15.5 & all Rocket Pool node operators must upgrade before Ethereum's mainnet hard fork takes place next week - always review the details on GitHub first before you install
this is the MOST IMPORTANT POST you will ever read on L2s and how they creative MASSIVE value for Ethereum and ETH through relatively inexpensive security from L1:
1) Ethereum makes it cheap for L2s to settle on L1 through blobs in EIP-4844
2) L2 developers work to create highly desirable blockspace (through healthy ecosystems and cutting edge features and scale it)
3) well-operated L2s become HIGHLY profitable business models and settle HUGE amounts of economic activity with massive numbers of transactions
4) more companies and other organizations see this rush to build on Ethereum L2s
5) L2s (when properly decentralized) will provide censorship-resistant access to ETH and thus scale the use of ETH as a medium of exchange and store of value money-like asset
6) an inescapable center of gravity to build on Ethereum forms, and soon EVERYONE is doing it because everyone else is doing it. ETH will be a preferred money for almost all of these L2s (especially for long-term use in smart contracts due to is censorship-resistance)
7) L1 fees continue to rise over time as there is always demand to settle there, and this is sufficient to keep ETH supply flat and usually deflationary
8) L2s eventually move to interoperate with one another based on tech evolution and customer demand
9) ETHEREUM IS SUDDENLY THE DE FACTO GLOBAL SETTLEMENT LAYER and ETH IS THE NATIVE PROGRAMMABLE MONEY OF THAT SETTLEMENT LAYER
you are literally see it happening RIGHT NOW. i don't think i can spell it out any more clearly
Eight days until the Dencun upgrade to Ethereum. Did you know that while we reportedly only represent about 6% of the validators on the network, home stakers have historically been more prepared for upgrades than large providers? (As a proportion of stake.)
The rotation for #dencun has begun with all eyes on the rollups.
But don't sleep on EIP-4788 beacon state root.
This will enable Rocket Pool to release the Houston upgrade and parter with major institutions looking to provide large amounts of ETH.
$rETH supply about to ๐๐
The most decentralized, robust, secure liquid staking token is $rETH and now it is worth $2 billion.
With new tokenomics and EIP-7002 - this will soon be $20b.
On long time horizons, security is the greatest return on investment.
Don't blow up this bull market.
$rETH
Today's update from the Rocket Pool community is here. This is episode 354 of Rocket Fuel for Feb 26th. It includes:
- Response to Val's tokenomics vision extremely positive
- Positive price action
- @NodeOperators talk to @eigencloud and more
and more!
https://t.co/vJmEWpaE0S
Today's update from the Rocket Pool community is here. This is episode 352 of Rocket Fuel for Feb 22nd. It includes:
- tokenomics newsletter from @drjasper_eth and me coming soon
- more node operators exiting
- more downside liquidity coming?
and more!
https://t.co/xsHYwSnWAx