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One of the Biggest Strategic Mistakes Ethereum Could Make is Trying to Compete As an Execution Layer Rather Than Focusing On Providing Security: Lido Strategic Advisor
Summary: Strategic advisor for Lido, Hasu, recently shared on X that Rollups are now responsible for 20% of Ethereum's total revenue, and their growth rate is accelerating. This trend underscores the necessity for "opaque modifications" that are challenging for Ethereum to implement directly. Hasu argues that it would be a significant strategic error for Ethereum to ...
Strategic advisor for Lido, Hasu, recently shared on X that Rollups are now responsible for 20% of Ethereum's total revenue, and their growth rate is accelerating. This trend underscores the necessity for "opaque modifications" that are challenging for Ethereum to implement directly. Hasu argues that it would be a significant strategic error for Ethereum to attempt to compete in the execution layer space. Instead, it should concentrate on providing unparalleled security. The Ethereum Roadmap for 2024-26 makes considerable efforts to address these challenges. From his perspective, these developments highlight the immense difficulty in achieving excellence in security. He notes that, apart from introducing centralization, no other blockchain performs these functions more effectively than Ethereum.
Author: Katie Lin
Tags: Ethereum,Lido,Rollups
Link: One of the Biggest Strategic Mistakes Ethereum Could Make is Trying to Compete As an Execution Layer Rather Than Focusing On Providing Security: Lido Strategic Advisor [Copy]
