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f1go.eth

@f1go

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f1go.eth
@f1go
Future difference between ETH and BTC: BTC will rely on banks. Banks will rely on Ethereum.
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@f1go
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@f1go
No unsolved problem left for ETH: - scaling with L2s / L3s, blobs, zkEVM and Eigenlayer to 10-100k+ tps - max security / decentralitzation on L1 - composable with Agglayer, shared sequencing etc. - block times of few hundred ms with based sequencing - ETH reserve currency
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Seems like I fudded ETH when assuming fees will be 1-5 cents post EIP 4844. Mea culpa. We're steady at subcents (OP), ETH devs are awesome šŸ”„
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This cycle - experts agree ETH ETF approved, only chain institutional friendly besides BTC - ETH by far most mature sc chain with most Lindy / network effects being around 8yrs+ - ETH by far most decentralized & secure (economic security, clients etc.) šŸŒˆšŸš€
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@f1go
ETH doing casually $14M fees on a friday and the bull hasn't even started. Wonder what this will look at the peak šŸ¤” Nice thing is L2s account for only 15% of fees, don't impact fee generation significantly. ETH will be most valuable and scalable blockchain in existence šŸš€šŸŒˆ
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@f1go
Regarding fundamentals it's crystal clear that ETH is superior to BTC in every single way - auto-yields 5%+ - is deflationary - fuels largest ecosystem - proxy to crypto growth Only thing BTC has is it's Lindy effect. Will perish over the next 10 yrs. ETH will be king šŸŒˆšŸš€
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@f1go
Ethereum in one sentence: Scale to infinity while remaining maximally decentralized. Thats it. Thats the cast.
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@f1go
Gm fellow ETH permabulls šŸŒˆ
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@f1go
Most simple explanation for ETH L1? API for security guarantees. Every person on earth can permissionlessly plug into these WW3 grade security guarantees and build whatever they want, either on L1 or L2s. And every person on earth can use their dapps. Truly revolutionary.
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ETH ecosystem moving at lightspeed šŸš€
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500+ tps is coming for ETH ecosystem. With further iterations of EIP 4844 and tweaks at L1 could hit 2k+ end 2024. With Eigenlayer DA 100k+ tps possible. 2024 will be the year when ETH gets scalable (and composable with Agglayer etc.)
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f1go.eth pfp
f1go.eth
@f1go
500+ tps is coming for ETH ecosystem. With further iterations of EIP 4844 and tweaks at L1 could hit 2k+ end 2024. With Eigenlayer DA 100k+ tps possible. 2024 will be the year when ETH gets scalable (and composable with Agglayer etc.)
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@f1go
My guess is ETH will sit at the core of blockchain economy at least next 10yrs++ - huge network effects (L2s, Eigenlayer, moneyness of ETH, dev community, EVM adopted on all major chains etc.) - most secure and decentralized - during 2024 getting highly scalable & composable
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The start of Ethereum being integrated in global public infrastructure šŸš€ 2030 Ethereum tech will be ubiquitous.
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@f1go
There is no unsolved issue left for ETH ecosystem, just a matter of months left to shine. Scalability - done by L2s, blobs, zk tech and solutions like Eigenlayer Composability - done by Agglayer, Chainlink CCIP or optimism Superchain ETH already most secure chain in existence.
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Every innovative primitive happens currently in ETH ecosystem. Thanks devs šŸ”„šŸŒˆ
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@f1go
During 2024 ETH will very likely have: - ETF - 1k+ tps with iterations of EIP 4844 - defacto free txns with Validiums (Eigenlayer etc.) - Composability across L2s (Agglayer, Chainlink) - ETH yielding effectively 5%+
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No stronger and more innovative Layer 0 than ETH ecosystem out there.
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Gm crypto frens, nice to have a crypto open sauce option besides X. Future looking bright šŸŒˆšŸ”„
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