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Caspar (@casparschwa)

@casparschwa
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These are all great questions, taking a quick stab: 1/ More than off the table I'd say it's a distraction. ETH is a programmable store of value. And importantly Ethereum chooses security over zero issuance, and I think that's the correct choice. Bitcoin still needs to answer the question of what security will look like once block rewards are zero. Very unclear. @adietrichs and I gave a talk covering this point starting at 20:55: 2/ I agree it needs to settle once and for all. I'd characterize Ethereum's philoshopy as "fastest viable ossificiation". Ethereum is playing a long-term game, and zooming out I strongly believe we'll be happy that Ethereum did not myopically ossify but is willing and able to converge on a policy that is fit for this civilizational foundation that we're all building. And importantly: Ethereum has only ever decreased its issuance and I consider this to be part of the social contract. 3/ I think Ethereum is uniquely positioned to become the canonical root of trust for the world. Only Ethereum is credibly neutral and secure enough, and (!) set up architecturally for settling other chains. (Bitcoin is the former but not the latter). And I think of L2s as a critical piece in making this vision a reality: Ethereum as the root of trust but with activity that demands differentiation along dimensions that the L1 cannot offer (e.g. different configurations of speed, compliance, privacy) it can flow from Ethereum to L2s, while still inheriting the strongest guarantees that only Ethereum can offer. I spoke about this a lot in my recent talk at Devcon: 4/ This is a great question and I don't have an immediate answer, would love to hear your thoughts on this! :) 5/ I strongly agree, and Ethereum is incredibly well positioned here. The EF has led the path with years of investments into post-quantum research, and Ethereum is now in this privileged position where we can accelerate timelines to be post-quantum and post-AI in 2027: And ETH will be a pqai store of value btw :)
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pqai27: Our view on post-quantum and post-AI timelines. We shared this on Ethereum Magicians as input into the Ethereum governance process.