suikadayo

Miners are never in control of the chain. Node operators are.

I remember Satoshi rolling back the chain.

I run an Ethereum node at home just fine. There’s nothing centralized about Ethereum.

It’s about 1.1TB for full sync geth nodes, and growing. Ethereum researchers are looking into statelessness and state expiry which aim to make it even easier to run nodes with little need for space.

People will continue to run nodes regardless of the price of ETH, just like Bitcoin.

ENS is a smart contract protocol, so I don’t see how it’s related.

Optimism, Arbitrum, and other Ethereum L2 rollups plan to have decentralized sequencers.

It’s all new technology so they’re taking it slow.

Decentralization increasingly untrue? Ethereum consensus and execution layer nodes are at about 6k, under Bitcoin, and way above other projects.

I’ve seen people say what you’ve said for almost 10 years now. I wonder when the crypto beanie baby fad is going to die down. Maybe 100 years later?

If that’s the case, I’ve seen way more of that “social engineering” in the Bitcoin community.

At least there are uses for ETH

No, victim himself has said in his post that he doesn’t really dabble in the NFT community

Most L2s will require users to pay transaction fees in ETH. Some will have fee abstraction where people can pay with tokens, but the rollup themselves will still end up paying ETH on L1.

Ethereum will essentially be a settlement layer for rollups, and everyone will be doing their DeFi, NFTs, etc on the rollups which are almost treated like their own chains.

Anecdotal experience of 1 person doesn’t make it the same for others

Rollup solutions like StarkNet and StarkEx on Ethereum will make apps gas-free.

It’s both. The artist registers an .ETH name and/or puts their wallet address on their profile, and the NFT proves that the artist originally created the smart contract, and/or minted the NFT, and is now owned by the user, shown on the chain.

Both of those are centralized, and will need to compete with zk rollups on Ethereum in the coming year, which will have tokens too, incentivizing people to try it out.