@w

having slept on it a bit, I'm feeling marginally more optimistic after the latest round of ~ethereum comms bull case is they understand what makes ethereum unique (~CROPS) and are very much leaning into it. These principles matter, and I don't think any other network can compete on them bear case is they're still too disconnected from end-users, and ~CROPS doesn't matter without usage. They are betting on developers to bridge this gap, but at some level building on ethereum is a lot harder than developing on solana (foundation support) or tempo (better devex for single-network apps). If they lose developer mindshare to either or are disintermediated by an L2, then all the CROPS focus might be for naught. the end-user experience on ethereum still isn't good enough, but it is slowly improving over time. Native AA, privacy, faster finality are some big initiatives coming down the pipeline that will help overall, I continue to believe that ethereum will become the backbone of internet finance

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