yyy|7月 15, 2026 10:26
A very shortsighted and immature perspective.
'Because Ethereum L1 only takes about 0.15% of the total revenue from @RobinhoodApp Chain (the DA fees paid to L1), this is an extremely bearish case for ETH.' Judging ETH's value solely based on this direct revenue split ratio is a textbook example of shortsightedness.
The true empowerment of a token isn't just about focusing on narrow direct cash flows like blob fees. What's more important is the indirect empowerment of ETH as the core asset and unit of account for RH Chain. ETH will seamlessly integrate into key scenarios on RH Chain like asset pricing, lending, clearing, and derivatives with minimal friction. This is far more significant than directly taking 0.15% of RH Chain's revenue share.
Ethereum's @ethereum L2 scaling philosophy has never been about 'maximizing protocol rent,' nor about rent-seeking from L2/Rollups. Instead, it's about providing a low-cost, credibly neutral, and L1 mainnet security-aligned robust foundational infrastructure.
The Dencun upgrade, Fusaka upgrade, and BPO1/2 hard forks are all steps toward this goal. By introducing blobs, PeerDAS, and increasing the number of blobs, they aim to significantly reduce DA fees, achieving a massive reduction in L2's DA cost expenditure without compromising security.
This is Ethereum's self-discipline in realizing its vision as a global settlement layer, providing a robust foundational infrastructure for L2s to enable broader adoption.
Division of labor creates a bigger pie, rather than fighting over the existing slice. iykyk.
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