The fees per tx on ethereum were greater than $1 for like a whole year and the solution was to move users to L2s which go down and which all still have a multisig that can steal all the user funds, and that run a sequencer that captures 98% of the value that eth L1 stakers should be capturing.
binji
binji27.7. klo 18.57
ethereum has been online ten years straight with zero pauses and zero maintenance windows. in that time: - facebook went down for 14 hours - aws kinesis froze for 17 - cloudflare dropped 19 datacenters - alt L1s…well, you know. every centralised giant blinks, they rely on on-call humans and scheduled downtime. but ethereum never stops, not through forks, crashes, bubbles, lawsuits, hacks, wars, and every kind of drama the internet can throw at it. and it’s not thanks to a CEO or a hotline. it’s not because someone saved it. it’s because we all did. devs, stakers, researchers, users, millions of us, scattered across the world, choosing to show up, block after block, year after year. while banks fail, clouds go dark and servers get patched, ethereum keeps going. we keep going. ten years online. forever to go.
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