Part 6/15:
- Sustainability and revenue: Highlighting that Salana’s fee model is similar to Ethereum’s, with fees partly burned and partly paid to validators, he stated that usage growth naturally increases revenues. The infamous critique about “high issuance” or “inability to sustain staking rewards” is misleading, as most revenue is being reinvested into the ecosystem, and inflation is trending downward.
Layer 2s, Degen Activity, and Ethereum’s Scaling
The conversation shifted toward Layer 2 solutions and Ethereum’s ongoing scaling challenges. Vitalik Buterin’s recent acknowledgment that existing L2s may face fee increases and congestion highlighted the need for more foundational Layer 1 growth.