Ethereum

This Week, in the Elastic Chain Ecosystem

- AbstractChain has announced that they're going to use  Eigen DA
 
- Sophon has shared that they're going to use Avail DA
 
They have the same execution environment and different GTMs. 

Modularity brings more use cases for Ethereum.

Ethereum becomes more useable - fees go lower - more onchain activity but less fee revenue. 

This is better than having a premium blockspace for only rich people.

Researcher at Clave and
Co author of EIP-7212 

So Ethereum is not Ultrasound Money and it should not be. 

Ethereum serves as the currency for the modern web; everything else is just a passing narrative that will be forgotten over time.

Usage / Capacity is a better metric; when the capacity (Ethereum's block space) increases, usage also increases. However, the block space increases faster than the demand, which is good for the users because they pay less. 

And the current state is like this;