f1go.eth 🛡️ 🦇🔊 @FigoETH Twitter profile

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f1go.eth 🛡️ 🦇🔊

@FigoETH

1 year

99% of people still don't get this.

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@FigoETH

9 months

ETH = only asset with 4 huge narratives next 3-12 months. - EIP 4844 scaling ETH to Solana level tps (with ultra high security guarantees). - Offchain DA solutions offering 10k+ tps - ETH ETF likely during 2024 - Tradfi discovering ETH with 6%+ yield / being deflationary

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@FigoETH

2 years

Luna was good at being a ponzi. Solana is good at making Kyle rich. Avalanche is good at making it's founders / VCs rich. What do they all have in common: they are terrible L1s, making huge compomises on the blockchain trilemma. Longterm extracting value out of the system.

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@FigoETH

3 years

Bitcoin maxi selling his maxi tweets using Ethereum. You just can't make this shit up 🤡

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@FigoETH

1 year

ETH L1: 24 tps ETH L2s as of now: ~250 tps (max capability, 10x of ETH L1) ETH L2s with EIP 4844 end 2023: ~5k tps (EIP 4844 ~ 20x) With future zKEVMs, Danksharding etc. 100k - 1m tps. All while being supremely decentralized and secure. Thanks ETH devs 🔥🌈

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@FigoETH

3 years

Ladies and Gentleman, may I present to you: Uniswap flipped Bitcoin in daily fees 🥳

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@FigoETH

4 months

Future difference between ETH and BTC: BTC willy rely on banks. Banks will rely on Ethereum.

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@FigoETH

9 months

If you own BTC it is consistently losing value for the next >100 years due to it's inflationary nature. If you own ETH it accrues value. Now. And pays you 8+% yield. And is a proxy to exponential crypto growth next decades. An asset the world hasn't seen before.

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@FigoETH

7 months

Upcoming catalysts for ETH - ETF in May likely - EIP 4844 (500 tps+) in March - Eigenlayer boosting ETH to 10k+ tps (slightly less security guarantees) - Tradfi discovering ETH magical properties (yield 5%+, deflationary) - Dapps like Farcaster onboarding normies 🚀🌈

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@FigoETH

8 months

Think it's now like 5 people left being bullish ETH. With lots of narratives for 2024 in store (ETF, EIP 4844 (500 tps), Restaking / Offchain DA, new kinds of L2s with 60k+ tps like nil, ETH asset properties etc.). When we finally get a reversal on ETH should be massive.

cami 🧸

@camiinthisthang

8 months

The bear case for Ethereum is when they(we?) realize the vast majority don't operate their finances based on ideology, philosophy, or ethos. If this were the case we'd all drive electric cars, be vegan, not buy smartphones, protest war, etc, etc, etc. Retail will prioritize

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@FigoETH

9 months

ETH being at 2k with all risk factors eliminated and all huge narratives left: - ETH ETF matter of when not if - EIP 4844, Celestia, Eigenlayer supercharging scalability - world still ignorant about potential of fully programmable blockchain tech, still grasping BTC 20k likely

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@FigoETH

8 months

EIP 4844 on track for Q1 2024 delivery. With first iteration ~750 tps (L1 & blob blockspace combined). With further iterations of EIP 4844 during 2024 1k+ tps. Thanks ETH devs 🔥🌈

Christine Kim

@christine_dkim

8 months

This week, Eth devs set tentative dates for activating Cancun/Deneb on all three public Ethereum test networks. The schedule for testnet upgrades is as follows: · Goerli fork on January 17 · Sepolia fork on January 31 · Holesky fork on February 7 A March mainnet activation for

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@FigoETH

6 months

Think >85% of CT don't really understand what's coming for ETH. - EIP 4844 will reduce fees to 1-5 cents, scale L2s to 500 tps (likely 2k tps end 2024 and subcents). - Since L2s make only 15% of fees no relevant effect for deflation - Eigenlayer will supercharge L2s to 10k+ tps

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@FigoETH

7 months

During 2024 ETH will very likely have: - ETF - 1k+ tps with iterations of EIP 4844 - defacto free txns with Validiums (Eigenlayer etc.) - Composability across L2s (Agglayer, Chainlink) - ETH yielding effectively 5%+

The Block

@TheBlock__

7 months

EXCLUSIVE: SEC likely to approve spot Ethereum ETFs on May 23: Standard Chartered Bank

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@FigoETH

9 months

Q1 2024 ETH status: - With EIP 4844 live same ~500 tps like SOL - ETH ETF coming soon, strong narrative - Tradfi discovering superior ETH fundamentals with 5,3% yield, deflationary, proxy to crypto growth - L2s exploding, Offchain-DA with Celestia/ Eigenlayer ~5k tps 🌈🔥

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@FigoETH

3 years

@NickGiambruno Funny read but lacks any fundamental knowledge whatsoever. #1 : Nope. If client teams don't integrate EIPs no change is applied. Miners have to run the clients. Users have to use the network. You clearly don't understand how decentralized networks operate.

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@FigoETH

9 months

12k remains the main target. For ETH.

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@FigoETH

3 years

___ days till Aave flippens BTC on daily fees. ETH already 10xed BTC.

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f1go.eth 🛡️ 🦇🔊

@FigoETH

8 months

Only downside of ETH: it has many huge catalysts 2024: - ETH ETF likely - EIP 4844 scales ETH to ~750 tps - Restaking / Offchain DA will supercharge it's scalability - When Tradfi discovers ETH properties (deflation 5%+ in bull likely, yielding 6%+ etc) things will go crazy

Tommy (OOO🏝️)

@Shaughnessy119

8 months

ETH's issue is simple: No main character or clear narrative

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@FigoETH

1 year

Since 7 hours ago there is a net inflow to ETH staking. Love to see it.

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@FigoETH

3 months

tldr; - Odds of May 23rd ETF at 30-40% - ETH likely outperforming 2H24 - Tokenization likely mainly on ETH - stablecoin growth may favor L2s - growth of L2s benefit ETH the asset - L2s solidify ETH role as money - ETH ecosystem innovates at higher pace than competitors Chads🔥

Coinbase Institutional 🛡️

@CoinbaseInsto

3 months

While BTC has been grabbing the headlines this year, we think ETH has the potential to outperform in the second half. Learn why in our new Outlook.

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@FigoETH

1 year

Inflation rates last 30 days: ETH: -1.4% BTC: 1.7% SOL: 5.8% There is only one ultrasound money 🔥

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@FigoETH

3 years

Arbitrum bridge higher TVL now than Solana bridge. Accelerating 👀

Ryan Watkins

@RyanWatkins_

3 years

Arbitrum TVL quickly approaching $500M, up 662% over the past week. On pace to reach $1BN in TVL is just a matter of days. Don’t sleep on Ethereum L2s - They’re yet not even in their final form.

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@FigoETH

9 months

Imagine excluding ETH L2s when doing ETH vs. SOL comparisons...

Ryan Watkins

@RyanWatkins_

9 months

Just two months ago the most common criticism of Solana was that it was all narrative. Today Solana is rivaling Ethereum in economic activity across a number of metrics. Ask yourself skeptics, what happens if this trend continues? A multi-polar cryptoeconomy is inevitable.

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@FigoETH

8 months

Interesting convo about real txn costs of networks. On L2 you pay $0,30 REAL costs (user + network / token dilution) per txn. With EIP 4844 $0,03 kickin in Q1 2024. On Solana REAL costs rn seems like ~$20. Happy to be corrected if info is outdated.

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@FigoETH

4 months

So... Coinbase with millions of retail has chosen Ethereum to build on. Blackrock wants to tokenize the worlds assets on Ethereum. Other tradfi like Paypal are joining the fun. Plus scalability gets exponential & ETF only matter of time. Being longterm bearish makes 0 sense.

Franklin Templeton Digital Assets

@FTI_DA

4 months

It's Base Season

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@FigoETH

6 months

ETH doing casually $14M fees on a friday and the bull hasn't even started. Wonder what this will look at the peak 🤔 Nice thing is L2s account for only 15% of fees, don't impact fee generation significantly. ETH will be most valuable and scalable blockchain in existence 🚀🌈

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@FigoETH

8 months

Dude ignores that within 3 months L2s will have same tps like Solana (will increase even more during 2024 to ~1k tps) and within ~12 months be decentralized (mainnet security). Also Restaking, Offchain DA + other solutions will supercharge scalability during 2024 (nil ~60k tps).

mert | helius.dev

@0xMert_

8 months

the question here is not whether L2s will scale Ethereum or not — they will, over a sufficiently long period the real question is where is this industry's sense of urgency? we've received billions in venture funding with not much "product" to show for it we need apps that are

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@FigoETH

5 months

At this point makes zero sense for me to hold BTC: - ETH ETF matter of time, institutions will soon sell ETH to clients - ETH much better properties than BTC (deflationary, yielding 5%+, proxy to crypto growth) - ETH will be (with 99% confidence) backbone of blockchain economy

Zach Light 🛡️

@ZachLight16

5 months

Bitcoin maxis hate this ofc but the guy has a point. Imo $COIN and $ETH are the main assets to hold long-term for the upcoming blockchain economy: - Bitcoin's 21 million supply cap will become a serious security concern. - Bitcoin is the ultimate memecoin with narratives such

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@FigoETH

3 years

Vitalik: ETH 1 mainnet: ~20tps ETH 1 with L2 possible TODAY: ~4k tps ETH 2 with sharding (2023): 100k+ tps All while being perfectly decentralized / having security guarantees recquired being the global settlement layer.

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@FigoETH

5 months

No unsolved problem left for ETH: - scaling with L2s / L3s, blobs, zkEVM and Eigenlayer to 10-100k+ tps - max security / decentralitzation on L1 - composable with Agglayer, shared sequencing etc. - block times of few hundred ms with based sequencing - ETH reserve currency

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@FigoETH

4 years

For all the folks out there who didn't get it yet. YES - ETH will be much more scarce than BTC the coming years (PoS, EIP 1559, Defi lockup) YES - Ethereums blockspace is much more valuable than BTCs YES - Ethereum = base layer for automatization of financial services 1/2

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@FigoETH

9 months

Solana has low fees with 500 tps. Immutable has zero fees and does 9-18k tps. Powered by Starkware.

Immutable

@Immutable

9 months

Immutable zkEVM is gas-free for gamers! Gas Fees? Zero. We are proud to announce that Immutable zkEVM and Immutable Passport will be capable of eliminating gas fees for all players!

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@FigoETH

8 months

This post will age poorly with ETH on the brink to push blockchain ecosystem mainstream 2024 and being backbone of blockchain economy. It's the most secure and scalable blockchain ecosystem in existence with ETH being an unparalleled asset (being deflationary, yielding 6%+)

Ryan Selkis (d/acc) 🇺🇸

@twobitidiot

8 months

ETH is straddled. Ethereum was a transformative, world-changing innovation, but its token is not a good bargain relative to BTC and the field of L0/L1/L2 assets. This and 104 other arguments in our annual report.

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@FigoETH

8 months

Ethereum L1 is an API for security guarantees. Everything happening on top is a cambrian explosion of innovation, attracting the brightest minds of our generation. ETH is the asset powering this ecosystem, being deflationary and yielding 5%+. Thats it. My thesis for 2024ff.

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@FigoETH

8 months

(Coin)Base is Ethereum. Likely one of ETH biggest moat to onboard normies coming cycle.

Steven Goldfeder

@sgoldfed

8 months

When comparing L1s don’t forget: Arbitrum is Ethereum Aztec is Ethereum Base is Ethereum Fuel is Ethereum Linea is Ethereum Optimism is Ethereum Polygon is Ethereum Scroll is Ethereum Starkware is Ethereum ZKSync is Ethereum

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@FigoETH

6 months

This shitcoin is down only, can devs please do something?

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@FigoETH

4 months

Everything will settle at some point to ETH in 10-20 years.

Grayscale

@Grayscale

4 months

Tokenization on blockchain streamlines asset ownership. We believe the #Ethereum blockchain has the best chance of serving as the unified platform for tokenized assets, investors, and related applications. Read our newest report on Tokenization:

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@FigoETH

10 months

Solana is a significant improvement to execution layers. But it's not a revolution like Ethereum to the crypto space. ETH is a 0:1 disruption to BTC because it's a fully programmable blockchain without limits. Solana improves scalability. Which is fine. But no revolution.

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@FigoETH

4 years

Ethereums Michael Saylor has arrived 🔥🌈

The Defiant

@DefiantNews

4 years

🔥 @mcuban on the Defiant podcast "ETH has an advantage over BTC as a store of value" "Smart contracts enabling friction-free banking changes everything" “America 2.0 is going to be built on blockchain. A big part of that is going to be DeFi”

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@FigoETH

2 years

PoW = bootstrapping a highly decentralized blockchain PoS = maintaining a highly decentralized blockchain with superior security and environmental properties compared to PoW It's that simple. But BTC maxis don't get it.

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@FigoETH

8 months

Largest L2 Arbitrum doing 3x daily volume of Solana. Good start to 2024 🚀

Steven Goldfeder

@sgoldfed

8 months

A very big day for Arbitrum One 🎊 So is Ethereum in second place now? No! This is literally how Ethereum remains #1

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@FigoETH

2 years

Irony is fundamentals of Ethereum never looked stronger than now: - Merge likely going live Aug / Sep 2022 (ETH 5-10% interest and deflationary, making the network resilient) - L2s gaining traction and getting mature (solving blockchain trilemma) Longterm future is bright 🌈

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@FigoETH

3 months

At this point Ansem seems like a liability for whole crypto. Totally broken compass.

Byzantine General

@ByzGeneral

3 months

Holy shit Vitalik chose violence.

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@FigoETH

6 months

Regarding fundamentals it's crystal clear that ETH is superior to BTC in every single way - auto-yields 5%+ - is deflationary - fuels largest ecosystem - proxy to crypto growth Only thing BTC has is it's Lindy effect. Will perish over the next 10 yrs. ETH will be king 🌈🚀

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@FigoETH

2 years

Reminder that Ethereum is more secure than Bitcoin regarding costs of attack, even before PoS:

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@FigoETH

3 years

Just sent some funds from @arbitrum to @optimismPBC via @HopProtocol Did cost $10. Not cheap but affordable. UX was great, did take only few minutes. You guys are awesome, L2 era is here 🌈🥳

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@FigoETH

10 months

Ethereums value prop was clearly not being faster and cheaper than BTC. This was done by LTC and all the other BTC wannabes. It's value prop was creating a programmable settlement layer for all kind of dapps. BTC is just not expressive enough for that.

CNBC

@CNBC

10 months

"Ether was faster and cheaper than bitcoin," ARK Invest CEO Cathie Wood said, discussing cryptocurrency with @SquawkCNBC . "Solana is even faster and cost-effective than Ether."

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@FigoETH

2 years

Ethereum = decentralisation, security, scalability Avalanche = some decentralisation, weak security (subnets), scalability Solana = weak decentralization, some security, some scalability

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@FigoETH

1 year

I appreciate BTC in the sense that it is the door opener for ETH. Sooner or later finance guys will understand benefits of ETH compared to BTC: - deflationary - yield generating 5%+ - proxy to crypto growth

Cameron Winklevoss

@cameron

1 year

The Great Accumulation of bitcoin has begun. Anyone watching the flurry of ETF filings understands the window to purchase pre-IPO bitcoin before ETFs go live and open the floodgates is closing fast. If bitcoin was the most obvious and best investment of the previous decade, this

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@FigoETH

9 months

Still don't think most people in CT (not to speak of normies) have grasped ETH yield properties. Currently 5,3% rewards when running a validator PLUS Assuming -1% deflation longterm and 2% USD inflation means additional 3% added value. Meaning you have effectively 8,3% yield.

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@FigoETH

6 months

ETH ecosystem is now: - extremely decentralized / secure (validators, nodes, ability to run nodes, number clients, dev community, stakeholders) - scales with L2s to 500 tps+ (Fuel 5k tps), Eigenlayer will supercharge this H1 2024 to 10k+ tps - cheap to use for 1-5 cents 🔥🚀

jesse.base.eth

@jessepollak

6 months

blobs are live on ethereum! @base and the superchain will upgrade to leverage them at 00:00:01 UTC tomorrow / 5p PST today two years of hard work alongside thousands of other contributors around the world - about to pay off!

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@FigoETH

7 months

ETH ecosystem has fractal scaling in place with it's L2/L3 architecture combined with Eigenlayer / Celestia DA and zK tech. Enabling defacto unlimited scaling to millions of tps. Combined with WW3 grade security guarantees. Nobody is bullish enough ETH 🚀🌈

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@FigoETH

6 months

Bullish that many VCs still don't have a fundamental understanding of the space. - L2 Fees subcent after EIP 4844 - Arbitrum ~same economic activity like Solana - With @Rabby_io UX works like a charm on L2s The misinformation spread is hilarious.

James Wang

@draecomino

6 months

I like ETH. But as a product person, I must accept this as valid criticism. If your user says you suck, you suck. You can’t tell the user they are wrong.

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@FigoETH

5 months

Seems like I fudded ETH when assuming fees will be 1-5 cents post EIP 4844. Mea culpa. We're steady at subcents (OP), ETH devs are awesome 🔥

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@FigoETH

5 months

Don't know if Eric is really objective any more. It's one thing to be pessimistic about ETH ETF approval in May. It's another to say SEC won't get sued. Coinbase and JPM clearly said "YES" SEC will be sued if they deny ETH ETF. (see second post). 1/2

Eric Balchunas

@EricBalchunas

5 months

Lot of ppl assuming Grayscale (or someone) will sue SEC after they reject the Ether spot ETFs. I would question this as Ether futures only ETFs have 4% of the assets that bitcoin futures have. That's a lot of time and money for something that may only get a fraction of the aum

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@FigoETH

2 years

Lyn has quickly turned to be the highest profile BTC maxi / bad faith actor. Only repeating arguments which have been invalidated countless times like a broken clock. Governance in ETH PoS has nothing to do with stake. It works exactly! the same like in ETH Pow and in BTC.

Lyn Alden

@LynAldenContact

2 years

@antiprosynth Not really. By switching to PoS, Ethereum put itself in an entirely different category than Bitcoin. It's now in the same category as shareholder-run corporations and central banks, where stake of the system matters (and tends to consolidate) rather than real-world resources.

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@FigoETH

1 year

Ethereum just kept on chugging in yesterdays event. Only finality was lost for a short period of time (Hint: BTC don't even has finality, only probalistically). Other chains like Cosmos or Tezos would have halted. That's why Ethereum is the only viable global settlement layer.

Ben Edgington

@benjaminion_xyz

1 year

Today the Ethereum mainnet experienced its first ever inactivity leak. Unsure what that means? Everything you never wanted to know is right here:

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@FigoETH

3 years

NFTs ultimately cemented Ethereum role as global settlement layer. Only one chain gives you ultimate security guarantees that you are the owner of an NFT - thats Ethereum.

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@FigoETH

9 months

ETH L2s ~80 tps max currently. With EIP 4844 ~7x increase initially expected --> 500 tps with potential mainnet security (depending on decentralization of L2).

0d1n fr33

@odin_free

9 months

L2s scale Ethereum to record highs!

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@FigoETH

8 months

#Ethereum as "de facto center of the universe" I like that.

orb land

@orb_land

8 months

Nic Carter expects a good year for ETH vs both BTC and SOL in 2024.

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@FigoETH

8 months

Appreciate the nuanced view by Tommy, nevertheless a rebuttal to his ETH bear thesis: - ETH narrative hard to understand: well it's just "most secure and scalable blockchain ecosystem in existence" 1/n

Tommy (OOO🏝️)

@Shaughnessy119

8 months

Here's my ETH Bull and Bear Case My ETH bull case - TradFI bros selling access to the new internet with native yield is easily understood (ETF) - ETHE arb closing means any buying pressure will move to spot ETH vs ETHE as an asset (if arb closes, ETH ETF is further away) -

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@FigoETH

9 months

L2s are longterm superior solution to blockchain trilemma, exponentially gearing up ETH ecosystem properties. - ultra scalable to millions tps with further improvements (EIP 4844, Offchain DAs, L1 zKEVM (likely towards 2030), sharding) - extremely secure by settling to ETH L1

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@FigoETH

9 months

Dude totally ignores L2s and EIP 4844, like most of CT. L2s cost 30 cents now, also usable during L1 high fees. 4844 brings down cost to ~5 cents. Also Eigenlayer, Celestia scale via Validiums. ETH of this cycle is ETH of last cycle. That said think also SOL performs well.

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@FigoETH

3 years

Seems like ETH already delivered what BTC promises - stable supply - for 2140, 119 years from now on. And that's without PoS which makes ETH ultra-sound and on interest-generating autopilot, 3-5% longterm. Flippening is inevitable.

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@FigoETH

2 years

So what's in store for ETH with the Merge / PoS June 2022 (for institutions): 🎯 yielding ~10% interest / making it an infinite duration bond 🎯 ESG compliance by being considered green 🎯 becoming likely deflationary as long as gas is >15 gwei (last 30days ~40) Buckle up.

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@FigoETH

9 months

Data shows that L2s contribute to deflationary nature of ETH by enhancing ETH ecosystem / making it more accessible. I expect that to accelerate when EIP 4844 and Offchain DAs like Celestia and Eigenlayer scale ETH ecosystem to 10k+ tps. Deflation of ~5%+ peak bull likely.

sassal.eth/acc 🦇🔊

@sassal0x

9 months

9/ ETH supply at lowest levels since The Merge (this only happens because people are still using L1 even though L2's are growing - the pie is getting bigger overall).

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@FigoETH

3 months

ETH 10k will just be the start. 20k is my base case. Could also rip to 30k, hard to predict when things get crazy and blockchain economy will be new paradigm. Let's see...

Vance Spencer

@pythianism

3 months

In 2021 people only started to believe and get truly bulled up once we were 2x from the last cycle high

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@FigoETH

1 year

Ethereum has not only solved the holy trinity of blockchain tech, the trilemma. It has also solved the fourlemma 🥳 It is the only chain which is: - decentralized - secure - scalable & - economically sustainable

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@FigoETH

6 months

Slowly it will dawn upon tradfi. ETH is the asset every investor dreams of: - deflationary ~3%+ longterm - powering future blockchain economy, disrupting finance and other sectors - yielding ~5%+ - reserve asset of crypto / being money Longterm it's inevitable.

Nate Geraci

@NateGeraci

6 months

“From a market perspective, part of me believes that the market size for a spot ETH ETF is potentially as big if not bigger than the spot bitcoin ETFs.” - @vaneck_us And thus began the spot btc vs eth ETF war. via @HeleneBraunn

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@FigoETH

11 months

Many people currently think ETH has not that much potential left as an asset. I completely disagree. This coming cycle ETH is an institutional grade, yield generating growth asset powering core infrastructure of the next disruption of finance. Lfg.

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@FigoETH

7 months

There is no unsolved issue left for ETH ecosystem, just a matter of months left to shine. Scalability - done by L2s, blobs, zk tech and solutions like Eigenlayer Composability - done by Agglayer, Chainlink CCIP or optimism Superchain ETH already most secure chain in existence.

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@FigoETH

7 months

500+ tps is coming for ETH ecosystem. With further iterations of EIP 4844 and tweaks at L1 could hit 2k+ end 2024. With Eigenlayer DA 100k+ tps possible. 2024 will be the year when ETH gets scalable (and composable with Agglayer etc.)

Christine Kim

@christine_dkim

7 months

gm gm, eth devs set a date for dencun mainnet activation today on acdc #127 . dencun mainnet activation is scheduled for *march 13*. final client releases to be shared in two weeks time by *feb 22*.

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@FigoETH

3 months

Never forget that >80% of CT including all big names were bullish and advocating for Luna. With exception of ETH community. Most of CT is a clown show.

Evanss6

@Evan_ss6

3 months

It's just hard to want to call out scams because this is the average experience GLHF

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@FigoETH

6 months

Fred has rightfully concluded that ETH is fundamentally the far better asset than BTC: - Deflationary (likely 5%+ at hype mania) - yield generating 5+% (with Eigenlayer + deflation more like 10+%) - proxy to crypto growth Fundamentals inevitably win longterm.

DCinvestor

@iamDCinvestor

6 months

bull thesis for ETH ETF from an unlikely source

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@FigoETH

9 months

Q1 2024 ETH will have ~500 tps with EIP 4844 (same like Solana). L2s like nil will provide ~60k tps in the near future for demand with lower security needs. Currently ETH is doing $15M fees per day with defacto no mainstream adoption. ETH will humble Kyle. Once again.

Integrated Kyle e/acc

@KyleSamani

9 months

Total demand across Ethereum L1 + all L2s is ~ 50 TPS Do not focus on profitability at ~50 TPS of demand Focus on profitability at 5,000 TPS of demand That's like Uber being live in 5 cities, and focusing on profitability, instead of aiming for global domination Win the

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@FigoETH

3 months

Rule is simple for this cycle. Just don't bet against this man. And what he's building on ETH.

Zach Rynes | CLG

@ChainLinkGod

3 months

Every financial asset in the world will be tokenized onchain This is no longer a question of if, but a question of when Larry Fink, co-founder and CEO of @BlackRock , has spoken publicly on numerous occasions about this inevitability While regulatory clarity continues to be a

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@FigoETH

4 months

Matter of time until ETH ETF is live 🚀🔥

Nate Geraci

@NateGeraci

4 months

Grayscale files S-3 for spot ether ETF... Issuers clearly aren't throwing in the towel on this.

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@FigoETH

3 years

Coming catalysts for Ethereum: Aug. 2021 - EIP 1559 Q3 2021+ - mainstream attention of Ethereum gains traction Q1 2022 - PoS merge ETH 2.0 Q1 2022 - ETH PoW "airdrop" very likely (perhaps 10 -20 % of ETH PoS value?) 2022+ - Fintechs start using DeFi infrastructure

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@FigoETH

3 years

@kyled116 Honestly can't take you guys serious anymore. Perhaps some fundamental education instead of non-stop bag plays?

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@FigoETH

3 years

SOL definitely by best performing bag (although I have difficulties with Multiclown & Co.) with 85x but also the most overvalued one. Valued at 1/5th of ETH with no clear value proposition of the coin itself, ecosystem perhaps 1/100th. Dump will be epic I assume.

Alucard.eth 🦇🔊

@Alucard_eth

3 years

If you can't see why $SOL is massively overvalued then I can't help you. If $ETH were as overvalued as $SOL is right now by P/E, it would be worth $348,000 per Ether! You buying $SOL at $257 is like you buying $ETH at $348k Stop buying the top anon.

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@FigoETH

2 months

From 2nd July onwards there are (very likely) for a long time only two institutional crypto assets. ETH and BTC. One is deflationary, yields 5%+ and is powering the highest global growth sectors. The other one. Does nothing. Think both do fine (because people are lazy).

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@FigoETH

5 years

" #Ethereum is on the cusp of the biggest and most important upgrade it will probably ever undergo, an upgrade that, if successfully implemented, will create massive amounts of value for the world."

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@FigoETH

4 years

As soon as EIP1559 is implemented DeFi usage directly impacts the supply and therefore the price of ETH. Few understand this.

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@FigoETH

3 years

Guy who has never used @argentHQ

Peter Brandt

@PeterLBrandt

3 years

Ethereum $ETH is in a bear trend because it is an overly complicated/expensive/awkward platform to the NFT/specialty token universe/metaverse. In fact, $ETH's bear trend against $SOL is completely warranted NFT nerds, please excuse me if I did not use the "correct" terminology

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@FigoETH

2 years

Lyn is as always uninformed regarding ETH. Eric runs his validator on his old Mac Book Pro. Node requirements are even less. Literally everyone can participate. With Lido and Rocketpool you can participate with any amount in validation. Please educate yourself.

Lyn Alden

@LynAldenContact

2 years

@CryptoBullrog Proof of stake, with the rich controlling which transactions go through? And with node requirements so large that regular people can't audit the blockchain?

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@FigoETH

5 months

In fact every relevant institution / company builds on Ethereum: - (Coin)Base (L2) - Blackrock (fund) - Paypal (stablecoin) - OpenAI founder etc. Why? Because it's the most secure, mature, dev-heavy and future-proof blockchain in existence. Simple as that.

DCinvestor

@iamDCinvestor

5 months

it is not talked about in these terms often because, yeah, it’s a controversial project but Sam Altman chose to build on an Ethereum L2

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@FigoETH

9 months

If L2s can even do now ~150 tps, then with EIP 4844 it will be ~750 tps initially (Q1 2024, will further scale in future iterations). When fully decentralized this means 750 tps mainnet security (think we will see first widely used L2 fully decentralized within 6-18 months).

Anthony Rose (∎, ∆)

@anthonykrose

9 months

Max so far... 177.6 TPS.

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@FigoETH

8 months

Fast forward Dec. 2024 - First big L2 likely decentralized - L2 fees are subcent EIP 4844 - Validiums offer defacto free txns - ETH offers 5+% yield & is deflationary (real yield with Restaking etc. likely 8+%) - ETH ETF >80% chance that approved (BR) What a time to be alive 🔥

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@FigoETH

8 months

Funny thing about many Ex-Ethereum people atm: Since it's inception L2s were always Ethereums endgame. L1 for max decentralization / security guarantees. L2s for scaling. Which makes much sense. Now these people suddenly "discover" that endgame. Human nature is a mystery.

Doug Colkitt

@0xdoug

8 months

Imagine if IBM took its biggest major advantage: "nobody ever got fired for buying IBM", then decided it was going to force everyone to buy through a rebranded reseller with opaque modifications That is the current Ethereum strategy around L2s and making the base layer unusable

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@FigoETH

2 months

99,9% certain that Ethereum will be backbone of global blockchain economy. I don't care about shortterm prices. Longterm the future is so bright I can't stand it without shades.

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@FigoETH

3 years

Prediction: US and EURO CBDCs will be ERC compliant to be used in the blockchain economy. #Ethereum

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@FigoETH

8 months

In case BTC does 10x, then ETH does at least 20x. ETH also has better SoV fundamentals. So what's the point in holding BTC longterm? (besides risk management)

DCinvestor

@iamDCinvestor

8 months

you need to have a big bag of BTC you hodl and do not trade in case it significantly cuts into or largely replaces gold as a store of value asset similarly, you need to have a big bag of ETH you hodl and do not trade in case it becomes a crucial trustless collateral & settlement

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@FigoETH

8 months

EIP 4844 on track to ship Q1 2024 🔥

Christine Kim

@christine_dkim

8 months

happy new year! yesterday, eth devs had their first acd call of 2024. it was a jam-packed one, full of debate and discussion about the dencun + petra upgrades. let's get into it 🧵🧵

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@FigoETH

6 months

Disagree 100%. L2s will have same tps like Solana on March 13th with EIP 4844 (~500 tps). Will improve with iterations and tweaks to likely 2k tps and surpassing Solana. Eigen DA will deliver 10k+ tps, far outpacing Solana with perhaps 25% security of ETH L1. 1/2

mert | helius.dev

@0xMert_

6 months

integrated L1s like Solana, Monad, Sui, Aptos, Sei are the optimal solution for the industry for the next decade orders of magnitude improvements in scalability, fees, and developer freedom the only real reason to use ETH and its ecosystem currently is: i) access to eth

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@FigoETH

6 months

Ethereum in one sentence: Scale to infinity while remaining maximally decentralized. Thats it. Thats the tweet.

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@FigoETH

5 months

Reason why Ethereum will be backbone of blockchain economy? Because every challenge is discussed in an open and transparent way (and has all issues regarding security and scaling tackled). BTC on the other side... (started long ago with censoring on Reddit etc.)

Eric Wall | BIP-420😺

@ercwl

5 months

update: i just got banned from the BitVM builders chat for asking more questions 🤷‍♂️

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@FigoETH

9 months

While I think that Solana is cool tech and will do very well in the coming bull I think it's obvious that ETH is far more decentralized and secure: - several execution / consensus clients - everybody can run nodes - more validators / nodes - bigger dev ecosystem - more mature

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@FigoETH

5 years

With the current ETH 2.0 design (64 shards) and other improvements (Istanbul, Bloxroute, Optimistic Rollups) one gets around 2.500.000 tps. If successful the blockchain trilemma is solved. #Ethereum will be a scalable, decentralized and secure blockchain.

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@FigoETH

8 months

The only ETH OG people still standing and advocating for it are the real ones. All others never really understood it's endgame. Excited for the journey ahead in 2024 when Ethereum ecosystem / it's devs will humble all the tourists. Steve Ballmer once said it best:

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