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An Ethereum Improvement Proposal, dubbed EIP-6969, is looking to implement Contract-Secured Revenue (CSR) on Ethereum L2s. CSR refers to a series of smart contracts that enable developers to earn revenue whenever others interact with the code they have deployed on-chain. Kevin Owocki, one of the co-authors of EIP-6969, told Blockworks that his firsthand experience as a builder in the Web3 space made him aware of the difficulties involved in monetizing the products he had actively helped create. “There are really not that many opportunities to monetize in a way that’s sustainable and not very speculative,” Owocki said. #ETH #Ethereum #EIP-6969 #ethdevs #onchain

An Ethereum Improvement Proposal, dubbed EIP-6969, is looking to implement Contract-Secured Revenue (CSR) on Ethereum L2s.

CSR refers to a series of smart contracts that enable developers to earn revenue whenever others interact with the code they have deployed on-chain.

Kevin Owocki, one of the co-authors of EIP-6969, told Blockworks that his firsthand experience as a builder in the Web3 space made him aware of the difficulties involved in monetizing the products he had actively helped create.

“There are really not that many opportunities to monetize in a way that’s sustainable and not very speculative,” Owocki said.

#ETH #Ethereum #EIP-6969 #ethdevs #onchain

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My Opinion on ETH and the ETF: As a long-term investor, I've been sipping my coffee ☕ and pondering the whole ETH ETF situation. You know, it's like waiting for that perfect wave to catch while surfing – exhilarating and nerve-wracking at the same time. So, here's my take: 🤔 1. **ETF Drama**: The ETF – that mystical acronym that makes traders both giddy and anxious. Will it pass? Won't it? 🤷‍♂️ Well, let me tell you, my crystal ball is a bit foggy, but I'll give it a shot. 2. **Pass or Not?**: The ETF approval is like a high-stakes poker game. The SEC Chairman Gensler holds the cards, and we're all sitting at the table, nervously adjusting our sunglasses. 🃏 If it passes, confetti cannons will explode, and we'll dance the crypto cha-cha. 🎉 3. **Cheap Chips vs. Pin Insertion**: If the ETF gets the green light, ETH will moonwalk to the moon (or at least try). 🚀 No more bargain basement prices – it's all Lambos and moon boots. But if it doesn't pass, well, grab your safety pins because we might see a dip. 📉 4. **Contracts and Stop Loss**: For my fellow contract enthusiasts, remember to set your stop loss. 🛑 News can be like a mischievous elf – it'll insert that pin, but sometimes in unexpected directions. 🧝‍♂️ 5. **Hope and Low-Priced Chips**: Personally, I'm crossing my fingers for ETF approval. 🤞 But if it doesn't happen, no worries! I'll just scoop up those low-priced chips like a crypto squirrel preparing for winter. 🐿️ 6. **Analysts vs. Gut Feelings**: Now, about those analysts – they're like weather forecasters. Sometimes they're spot-on, and other times they're predicting rain when it's sunny. ☔🌞 So, trust your gut, set your sail, and ride the waves. 7. **SEC Chairman Gensler's Grand Plan**: And finally, SEC Chairman Gensler – the puppet master behind the scenes. 🎭 He's got the strings, and we're all marionettes. But fear not! He'll arrange things, and we'll just sip our coffee and watch the show. ☕ #ETF #Ethereum $ETH
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