
Hexidethmal
16.3K posts

Hexidethmal
@hexidethmal
@EthereumPhone @0x_freedom https://t.co/92et8G4AGz





The Robinhood Chain is the cleanest case study of what happened to ETH's economics over time. Since inception, @RobinhoodApp Chain has grossed ~$816K in revenue. @Arbitrum, the middleware provider, takes 10%: ~$80K. Arbitrum then pays Ethereum for settlement: $1,538. The margin profile roughly: Robinhood: 89% Arbitrum: 10% Ethereum: 0.15% If your thesis is "ETH is money," Robinhood building here is ultra bullish. More activity, more ETH collateral, more lindyness. If your thesis is "ETH is a revenue generating asset," this is the ultra-bear case. And here's the uncomfortable truth: Robinhood was never going to build on Solana, Sui or any monolithic L1. They want the stack customization. They want to be landlords, not renters. Ethereum won this deal on merit. It's just not pricing it right. A healthy split to me looks more like: Robinhood: 75% Arbitrum: 10% Ethereum: 15% Ethereum sells the most valuable settlement layer in crypto at marginal cost. Things need to change. @ethlabs_org

@EliBenSasson @donnoh_eth When you first announced it, how long did you give yourself to complete this critical blockchain-101 security and censorship resistance upgrade for Starkware? 3-4 years? More?


Joe Lubin: "There is no more high-powered money in the world than Ether." Demand is coming from three directions right now: TradFi, machine intelligence, and the native degen crowd. (And that combination about to eat up serious block space.) More $ETH gets staked → less $ETH stays liquid → and the ultrasound money thesis starts to become obvious. Joe says it will all become clear within the next two years or so. FT @ethereumJoseph @joechalom @BitcoinJesusETH @Sharplink.





LATEST: ⚡ Starkware co-founder Eli Ben-Sasson warns Ethereum could lose its edge and be overtaken by "something more modern and better," arguing its roadmap moves too slowly.







Quantum computers seem like the biggest possible catalyst for a mass migration of capital into digital SOVs Quantum upends the safety and security of traditional financial systems (custodians, internal ledgers, etc). Hopefully banks and the like will be able to upgrade to post-quantum security. But even so, as risk increases, more and more folks will want to hold at least *some* of their capital in undeniably quantum proof assets. Crypto is by far furthest ahead on that front




Assets hosted natively on Ethereum L1 continue to grow… even as many see prices in “crypto winter” $ETH @ethereuminsti





