[ANN] Ethereum: Welcome to the Beginning

[MarquiseMuseum]

It is the 10th year anniversary of Pimp Fasion, a digital art collection that was ABT* integrated on blockchain in 2017 alongside a fungible ERC-20 vault pre 1155/721 standards (NFT). *(Asset Backed Token, commonly using fiat or gold)

Marquise Museum is the progenitor of vault systemization for blockchain based art assets with business patent study 1800-14-04 (2018). The benefits of fractionalization is better liquidity, DeFi functionality and Branding.

The original collection is published here together with all 2017 vintage provenance in the description section of the NFTs:
https://opensea.io/collection/marquise-museum-s-pimp-fasion-os-2

Anniversary update is launching today and will be named Kanji Fusion 1+2:
https://opensea.io/collection/kanji-fusion-1-by-marquise-museum
https://opensea.io/collection/kanji-fusion-2-by-marquise-museum?sortBy=created_date

Supply is fixed at ~40+40 assets x100 (8000 NFTs) for both collections. $16 floor.

[Drawesome]

In 2017 when ICOs were popping up day after day, investors only had a limited amount to invest in projects. Many of them were scams therefore if you were fooled once, you would not want to invest again no matter how lucrative the project appeared. Binance was obviously one of the those rare success stories but countless others failed.

As with many of these types of investments, you have to be in the right place at the right time otherwise the opportunity passes you by. That 2017 ICO era is over, I doubt we will see anything like that again.

I didn't know Binance was an ICO. I see was in 2017 and with BNB tokens sold at $0.15 each. I entered some ICOs that year and I missed the jackpot.

Thank God ...

It is over and NEVER again.

As much as I despise Regulatory interference, it is the prosecutions that happened after all the ICO rush that stopped things like that in its tracks. Though in saying that, now We have VERY Sophisticated Scams going on. But few and far between in the public eye now. The Public scams are simply aimed at those that have always had a leniency to be scammed.

#crysx #cwi

But I have the feeling that regulation has put an end to legitimate ICOs, while scam projects and memecoins continue on their path using very similar systems: launchers, etc. I don't fully understand the nuances, but I do miss serious projects. Will it be possible for regulatory guarantees to emerge that allow for a restart of such initiatives? I read about some drafts for new DAO regulations.

[chrysophylax]

In 2017 when ICOs were popping up day after day, investors only had a limited amount to invest in projects. Many of them were scams therefore if you were fooled once, you would not want to invest again no matter how lucrative the project appeared. Binance was obviously one of the those rare success stories but countless others failed.

As with many of these types of investments, you have to be in the right place at the right time otherwise the opportunity passes you by. That 2017 ICO era is over, I doubt we will see anything like that again.

I didn't know Binance was an ICO. I see was in 2017 and with BNB tokens sold at $0.15 each. I entered some ICOs that year and I missed the jackpot.

Thank God ...

It is over and NEVER again.

As much as I despise Regulatory interference, it is the prosecutions that happened after all the ICO rush that stopped things like that in its tracks. Though in saying that, now We have VERY Sophisticated Scams going on. But few and far between in the public eye now. The Public scams are simply aimed at those that have always had a leniency to be scammed.

#crysx #cwi

But I have the feeling that regulation has put an end to legitimate ICOs, while scam projects and memecoins continue on their path using very similar systems: launchers, etc. I don't fully understand the nuances, but I do miss serious projects. Will it be possible for regulatory guarantees to emerge that allow for a restart of such initiatives? I read about some drafts for new DAO regulations.

I believe so ...

The regulatory boundaries of these forms of Funding will be along the lines of the current 'FIAT Based' IPO/ICO practices if they get their way.

Again though - Regulation does NOT ensure anything except Government/Banking Control over these things - so I agree with You in the sense that 'Real' IPO/ICO could be held back because of such Regulations.

We will all see what happens since it is all unfolding before Us and in the Public arena.

Let's hope the Regulatory departments have sense this time around (which looks like it will - SEC I am pointing at You) rather than have the closed Illegal rulings they had when that imbecile was running (ie - ruining) the place.

#crysx #cwi

[zasad@]

https://cryptopotato.com/charles-hoskinson-says-ethereum-may-not-survive-the-next-decade/

Charles Hoskinson Says Ethereum May Not Survive the Next Decade

“I don’t think Ethereum will survive more than 10 years to 15 years. The layer 2s will continue to suckle out all of the alpha,“ stated Hoskinson. “People will start fighting and it’ll get harder and harder for Vitalik to be able to hold it together through sheer force of will.”


___
I would be more worried about the fate of useless Cardano

[Lind]

https://cryptopotato.com/charles-hoskinson-says-ethereum-may-not-survive-the-next-decade/

Charles Hoskinson Says Ethereum May Not Survive the Next Decade

“I don’t think Ethereum will survive more than 10 years to 15 years. The layer 2s will continue to suckle out all of the alpha,“ stated Hoskinson. “People will start fighting and it’ll get harder and harder for Vitalik to be able to hold it together through sheer force of will.”


___
I would be more worried about the fate of useless Cardano

ETH price jumped +20% haha

[zasad@]

https://blog.ethereum.org/en/2025/05/14/trillion-dollar-security

Announcing the Trillion Dollar Security Initiative
Posted by Ethereum Foundation Team on May 14, 2025

"Ethereum is the most secure blockchain ecosystem. This is the result of 10 years of progress and iteration across every level of Ethereum’s technology stack, from wallet UX to developer tooling to consensus protocol security.

But being the most secure platform in the crypto ecosystem isn’t enough. Ethereum’s ambition is far greater: to be civilization-scale infrastructure that securely underpins the internet and global economy, surpassing the safety and trustworthiness of the world’s legacy systems.

Today we are announcing the Trillion Dollar Security initiative, an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain.

Reaching “Trillion Dollar security” means a world where:

Billions of individuals are each comfortable storing more than $1000 onchain, collectively amounting to trillions of dollars secured on Ethereum.
Companies, institutions or governments are comfortable storing more than 1 trillion dollars of value inside a single contract or application."

[safar1980]

A local-node-favoring delta to the scaling roadmap
Special thanks to Micah Zoltu, Toni Wahrstätter, Justin Traglia and pcaversaccio for discussion

The most common criticism of increasing the L1 gas limit, beyond concerns about network safety, is that it makes it harder to run a full node.

Especially in the context of a roadmap focused on unbundling the full node, addressing this requires an understanding of what full nodes are for.

Historically, the thinking has been that full nodes are for validating the chain; see here for my own exposition of what could happen if regular users cannot verify. If this is the only issue, then L1 scaling is unlocked by ZK-EVMs: the only limit is keeping the block building and proving costs low enough that both can remain 1-of-n censorship-resistant and a competitive market.

However, in reality this is not actually the sole concern. The other major concern is: it’s valuable to have a full node so that you can have a local RPC server that you can use to read the chain in a trustless, censorship-resistant and privacy-friendly way. This document will discuss adjustments to the current L1 scaling roadmap that make this happen.

[dumpsterhawk]

The most common criticism of increasing the L1 gas limit, beyond concerns about network safety, is that it makes it harder to run a full node.

I think there is a more major with ETH. It is being made more complex, and they are even congratulating each other on this. There are too many L2s. Each added bridge is not a milestone that was achieved, but a complexity that makes using it harder. Last time I was helping someone new with ETH, they were so confused by all of this that they had to completely give up.

They need to focus on scaling L1 instead and getting rid of so many L2s. I think L2s as specialized or private networks are good, but not like this. Imagine you have the withdraw option to select withdraw ETH and then you need to select 1 network out of 100 options. It is terrible.