Vitalik Buterin said it plainly in his Sunday post: ETH the asset is the most high-value product of the Ethereum blockchain. For Zak Cole, managing partner of Number Group and president of the Ethereum Community Foundation, that statement was long overdue. “Should have said that five years ago.”
In this segment from Unchained, Laura Shin, Zak Cole, and Greg Markou (co-founder of Sprinter and ChainSafe) dig into what Vitalik’s acknowledgment actually means, why ETH’s cryptoeconomics are broken, and whether the EF has even noticed that Solana, Tron, and Hyperliquid are eating its lunch. With a new EIP proposing to cut issuance in half on the table, the economics of Ethereum are finally in active debate, but is it too late to matter?
Chapters: 💸 00:00 Vitalik’s post: ETH is the most high-value product ⏱️ 02:30 Why saying this now feels “a little late” 💔 04:00 Are ETH’s cryptoeconomics broken? ✂️ 07:00 The emissions curve and the EIP proposing to cut issuance in half 😓 08:30 The Frank Chaparro chart: Ethereum’s revenue share vs. Solana, Tron, Hyperliquid 🙈 10:30 Is the EF oblivious, or do they just not care? 🏆 12:30 How Ethereum could still win, and what it would take
