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People will complain about L2 being multisigs/single servers up until the point 90% of L2 value is secured by rollups in stage 2. And even after that. Then you'll understand that they were incentivized to complain either by their bags or because nihilism gets you engagement.

That whole conversation is the proof that an idiot empowered by AI remains an idiot because he will ask the wrong question to his favourite model and then proceed to share the dumbest take ever emboldened by his newly found confidence.

The Pectra upgrade tomorrow will allow me to consolidate my Ethereum validators into one. I will celebrate going from a 2.8% real APY to a compounded 3.36% APR on my ETH holdings (that lost 65% of their value since January).

Check that out; it's a brilliant visualization of Ethereum block production.

Ethereum after Pectra

Now that Pectra is live, I can say it without looking like I'm FUDing: MaxEB is cool because, without it, the number of validators after the ETH ETF staking approval later this year could have overloaded the p2p layer and taken Ethereum down.

😠"Ethereum UX is so outdated, it needs to be improved! Too many steps!" *Ethereum improves its UX* 😠"Noooooo, now people can get drained with one single signature just like in the other chains I shill all the time!"

🧐PECTRA/MAXEB TIDBIT🧐 Consolidating all Ethereum validators into max-size 2048 ETH validators would take at least 19 months due to the 256 ETH per epoch consolidation churn limit.

I predict that within the next six months, a BTC Maxi or alt-L1 shill will post a chart showing a decrease in Ethereum validators and call it bearish.

Pectra went so smoothly that we should do Fusaka tomorrow, now that we're on a roll.

With Pectra live, the Ethereum core dev team's scalability focus is now set to full steam ahead.

It's like watching Ethereum's heartbeat.

Hardest game ever

People engagement-farming by complaining about single signature draining attacks conveniently forget to add that EIP-7702 will reduce "unlimited approvals" & thus decrease the related hacks where a contract is maliciously upgraded and can rug everyone who didn't revoke approval.

Me watching the ETH pump as discreetly as possible not to scare it into the usual bart.

Ah shit, here we go again. My validators were set to 60M since the last "pump the gas" campaign anyway. Here is to 5 months of slowly asking>convincing>bullying the biggest staking entities into pumping their gas limit.

Thank you to the EF for the grants and for the transparency! The only thing that's lacking now is a column with the grant amount for each project, you should not be ashamed of sharing the distribution. Looking forward to it next quarter. 👀