Paradigm data researcher Storm stated on X that Ethereum is a Trojan horse. When institutions adopt Ethereum, they unwittingly hegemonize its core principles of decentralization, transparency, and open-source software.
In this regard, Ethereum core developer Tim Beiko stated: “If we want things to unfold this way, then providing functionality equivalent to L2 'stage' or zkEVM 'type' for applications built on Ethereum would be a good thing. We should define Schelling Points for different levels of trustlessness to encourage good actors to converge towards them. (Note: Schelling Points are the tendencies of individuals to make choices in game theory without communication, often because the choice seems natural, special, or relevant to the chooser.)
More specifically, when 'putting something on the chain', the scope is broad, ranging from 'regularly publishing hashes' to 'everything being fully verifiable, with rights enforced by smart contracts'. Different users will need different setups, but we can define what a good version of each setup looks like.”
Assuming this technology is adopted, it becomes easier to convey to end users that they hold 'Type 3 RWA' or that their 'decentralized social application' is designed as a 'Stage 4 on-chain application', etc. #pepe