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Ethereum surpassed $15 billion in cumulative revenue. Danny Ryan, an Ethereum researcher reflected on the network and its future in a GitHub post.
Ethereum developers have posted their thoughts on the development of the network and the milestone it hit in the form of The Merge. The reflection takes place at a time when the ethereum network has spent 15 billion dollars of cumulative turnover since its launch in 2015.
Ethereum has certainly had an eventful few years, both good and bad, before becoming a powerhouse thanks to sectors like . A hard fork, the commitment to switching to proof-of-stake, and the growth of have consistently put the network in the spotlight over the years.
Despite the emergence of new networks over the last five years, ethereum has remained king and has barely been offered a challenge by rival networks. For instance, aether burns more value each week than the income generated throughout its history.
Fun fact: Ethereum burns more value in ETH/week than Solana has generated in revenue in its history ??
— Interestingly, Ethereum burns more value in EPF/week than Solana has earned in its history??— (@KyleReidhead) February 23, 2023
(@KyleReidhead) 23 Feb 2023. With a successful change of position in the bag, the team is now able to focus on the scale of the network. That's an important next step.
The network is also soon set to allow ETH withdrawals from staking on the mainnet. He sees this as an important step.
He sees this as an important step.
Ethereum researcher and lead coordinator for ETH2, Danny Ryan, published a post on GitHub, offering his thoughts on the progress that Ethereum has made. Ethereum researcher and senior coordinator for ETH2, Danny Ryan, published an article on GitHub, reflecting on Ethereum's progress.
He referred to “Ethereum killers” and the network’s success through thick and thin. The researcher also recognized that a long technological road map awaits us. He also acknowledged that a long technological road map is yet to come.
In addition, he said he was "less concerned about delivery capacity and related timelines."
The long way to Ethereum. Ryan claims the upcoming trajectory is "vertiginous weight." What he meant was that work has no fixed schedule and can take many years to complete.
Changes in availability, sampling of data availability (das) and maximum extractible value (mev) are amongst the immediate concerns. Immediate concerns include the evolution of the PoS, the sampling of data availability (DAS) and the maximum extractible value (VEM).
