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Ethereum is at a critical moment where its impressive technology meets flawed economic design. This blog post by @especulacion explores how the focus on scalability has led to unsustainable gas fees that jeopardize Ethereum's vitality. It emphasizes the importance of defending value capture as a public good, proposing a minimum fee floor to maintain critical funding for security and development. Ultimately, it's about ensuring Ethereum continues to be not only a robust platform but also economically sustainable.
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