Another great post from
@joechalom and
@Sharplink. It is great to see Joseph highlight the remarkable milestone of 1 million lifetime developers that have built or build on Ethereum.
Joseph also touches on some key factors that will lead to the many L2s, and private permissioned Besu Ethereum chains becoming fully composable with each other and L1: credible neutrality, modularity, culture and composability. He sketches the synchronous and near-synchronous composability work that the
@Linea team is doing and others including
@Zisk and
@gnosis_ are doing similar work. Atomic bridgeless execution zones and real-time unification of liquidity fragments will be the benefits and a unified extended Ethereum ecosystem will be the major result. ETH will be resident on all of these networks and used to pay fees for inclusion in multi-network activity to synchronizers who aggregate ZK proofs from the various networks. Ethereum is growing into an increasingly globally systemically important infrastructure, and ETH is about to also become globally systemically important as it will be the fuel and currency that powers transactions, storage, staking and many other functions on the world's main global digital asset processing and settlement layer.
Amusingly, I found this my DevCon5 Osaka keynote entitled "When 1 Million Eth Devs?" We got there. And the keynote does a pretty decent job of sketching how Ethereum will become systemically infrastructure, from way back in 2019.
youtube.com/watch?v=Sp8ZjaWg…