@kennyistyping nobody asked for decentralized NASDAQ, they asked for "No KYC NASDAQ", and someone with less tech debt delivered it to them.
Nobody asked for a stablecoin chain either, they asked for men on motorcycles to break the local laws of third world countries; Justin Sun delivered it.
7000 year old laura shin who once fucked methuzalem would have sold her soul to the corpochains if she had one, sadly she doesnt so had to settle for selling her 85iq opinions
One additional thought on Ethereum:
Another threat to the chain is that it may fare less well in the AI agent race than Solana or Base on purely technical issues — speed, fees — at the very least on volume (I mean, it already is), maybe not for higher value transactions. The AI agent area is fairly soon (for sure in the next few years) going to outstrip the number of human transactions. And what if Base launches its own token, Coinbase spins it off as a decentralized chain rather than an L2 and so the AI agent activity on Base isn’t even generating demand for ETH as a gas token on Base? Also throw in the huge demand there’s going to be for stablecoins. How does value accrue to ETH in that world?
I know I made a lot of leaps there, but if there’s anything I’ve learned from covering crypto these last 11 years, it’s that things are always changing and they can change quickly. And with so many players coming at this with a competitive spirit that the Ethereum Foundation disdains, there could be a big shakeup.
Just to be clear, I think Ethereum is strong in a lot of ways and that the EF is putting its attention on a lot of smart things: most decentralized, facing quantum threat head on, incorporating privacy, focusing back on the L1 … there’s many reasons to be hopeful. And it all looked even better with Tomasz as ED. (Er, co-ED 😂)
But these departures (with more to come) and the lack of attention to the token are concerning. Enough people care that I think new organizations and people will spring up. Whether they will be enough to counteract that EF’s inertia on some issues remains to be seen.
lmaooo paid influenzas complain about eth fees for 5 years, and when they're finally low, they somehow find a way to frame that negatively. fucking bravo
Ethereum txs reaching ATH due to address poisoning attacks.
Every time the gas limit is raised and tx fees go down, it costs less to 'dust' a wallet.
For example, after Fusaka, sub-$0.01 dust txs increased by 600%.
Etherscan reported that Ethereum address poisoning succeeds about 0.01% of the time: 1 in 10,000 transfers tricks a user into sending funds to an attacker.
Actually, Ethereum might benefit from RAISING fees as they it makes address poisoning attacks more expensive and it burns more $ETH.