Ethereum is the greatest innovation in financial infrastructure. Using ETH to secure this infrastructure is genius. It gave birth to DeFi, NFTs, memecoins, RWAs, and others. AI agents, even if theyβre not perfect yet, have great potential and should not be faded.
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Yes, it was an exuberant peak, but the question is whether or not we're about to enter a brutal multi-year bear, with years before we see 110k btc, or if we'll soon return to new or similar highs - this year. I'm strongly in the latter camp, unless there's a large macro crash.
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This chart shows the percentage of honest validators needed for all transactions (including censored ones) to be included under FOCIL. With an IL committee size of 16, you only need around 15% honest validators for transactions to be included within the same slot!
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