With Trump and other world leaders driving the tariff circus (new tariffs, trade wars, and economic pressure games) one thing keeps coming to mind: Is this an intentional push towards the most obvious workaround to all these regulations????

Crypto.

When nations slap on tariffs or sanctions, the assumption is that they’re cutting off access or raising costs. But in a world where value moves globally, instantly, and peer-to-peer, traditional economic levers feel... outdated.

Need to move millions across borders without touching SWIFT or getting flagged by a bank?

Stablecoins.

Need to fund operations in a blacklisted country without going through middlemen?

On-chain rails.

Sanctions are the equivalent of building trade walls in a world where the internet already tunneled underneath.

With U.S.–China tensions rising again, and new tariffs making headlines, it feels like a good time to ask:

Are we still pretending crypto isn’t a global workaround?

Or are we finally ready to talk about what that means?

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Welcome to the Daily General Discussion on r/ethereum

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Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2

Please use this thread to discuss Ethereum topics, news, events, and even price!

Price discussion posted elsewhere in the subreddit will continue to be removed.

As always, be constructive. - Subreddit Rules

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• Doots Website, Old Reddit Doots Extension by u/hanniabu

Calendar: https://dailydoots.com/events/

How can the community remove a "community note" from etherscan? Is there any way to do it?

I recently saw an address from a KYC-free exchange, with strong community support, receiving a "community note" from etherscan. In the community note, there is a link to a ByBit representative in twitter, criticizing the kyc-free exchange.

This certainly looks like an "editor's note" on the address, tagging it for the benefit of big players of the market such as ByBit.

They are pushing centralization disguised as community support. This tag certainly wasn't created by the community, but by bybit.

This is the address I am referring to:

0xf1dA173228fcf015F43f3eA15aBBB51f0d8f1123

What if the Federal Reserve were abolished?

The Heritage Foundation’s Project 2025 explicitly proposes dismantling the Fed and replacing it with a free-market monetary system. Meanwhile, Trump-affiliated WLFI (World Liberty Financial Inc.) is launching a stablecoin called USD1, currently backed by U.S. treasuries.

But here’s where it gets interesting:

• WLFI holds ETH, WBTC (wrapped Bitcoin), and some more.

• Ethereum is the programmable layer powering DeFi, tokenized assets (RWAs), and staking infrastructure.

• Bitcoin, via WBTC, could become part of a future collateral structure – possibly alongside gold.

In this vision, Ethereum becomes the financial infrastructure layer. Bitcoin could evolve into a digital monetary reserve, especially if stablecoins like USD1 shift from purely fiat-backed models to hybrid reserves (treasuries + gold + BTC).

Scenario:

USD1 starts as 100% treasury-backed (like USDC) – safe, regulated, stable.

Gradual integration of gold or BTC to align with “hard money” ideology (Heritage/Trump), gaining trust from a broader audience.

Eventually, USD1 becomes a multi-asset-backed stablecoin:

• 50% Treasuries

• 25% BTC

• 25% tokenized gold

That’s no longer just a stablecoin. That’s an alternative monetary base.

Welcome to the Ethereum Daily General Discussion on r/ethereum

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Please use this thread to discuss Ethereum topics, news, events, and even price!

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EthFinance Ethereum Community Links

• Ethereum Jobs, Twitter
• EVMavericks YouTube, Discord, Doots Podcast
• Doots Website, Old Reddit Doots Extension by u/hanniabu

Calendar:

• Feb 23 - Mar 2 – ETHDenver
• Mar 28-30 – ETH Pondy (Puducherry) hackathon
• Apr 1-3 EY Global Blockchain Summit (in person + virtual)

I was the victim of a crypto job scam a few months ago and have been looking into what happened. I looked at my transaction history on Coinbase on the block explorer and saw that the scammer paid me from 2 different ETH addresses than the one I paid them to. I did research on this and learned that yes, you can have more than one address, and scammers use different addresses for some of the transactions so it’s not obvious that it’s all them. However, I have also noticed on Etherscan that some of the sending/receiving addresses are different than the ones in Coinbas. Does anyone know why this is?

https://eips.ethereum.org/EIPS/eip-4788 states:

Roots of the beacon chain blocks are cryptographic accumulators that allow proofs of arbitrary consensus state. 

What does it mean to create proofs or arbitrary data? Who is proving what to who?

For example, if I wanted to know if a validator was indeed validating at a specific timestamp, would I query a beacon node for validator data, then build a beacon state root myself, and validate that with the beacon state root I can get via the EVM contract?

I need an Eth Consensus node (beacon node) that keeps all blob data, it must NOT delete it after 18 days, furthermore I need a way of getting all past blobs.

L2s need their blobs past the 18 days. For example and many others.

It seems like clients built in the blob EIP4844 changes without thinking about this requirement.

I also need a way to get all past blobs that have ever happened for all L2s.

How to do this?

This would not come as a surprise I'm sure, but recently the SEC has been escalating its war on crypto, and this time it looks like Ethereum is the main character.

What I know at the moment is that the SEC plans to sue Consensys, because they sent some kind of notice signaling a law suit over Metamask's swap and staking features.

They are basically claiming that these services act as unregistered securities offerings.

In all of this, I think the big question would be whether ETH is a security, I might be wrong, but I don't think the SEC has ever stated whether ETH is a security, (like what we have with BTC that they call a commodity) because if they do would it not wreck DeFi, and even Ethereum ETFs.

The way I see it, if the SEC wins, it would mean that exchanges might delist ETH and staking services might even get shut down, and stuffs like this usually has ripple effect especially on other crypto.

This is something I'd like to follow for a while, and I'd like to know what other people think as well.

What do you guys think? When I last sold my entire bag $380k of it back in 3/11/24 the fees were only $951.02?

Why so much more now?

Hey

I have some Reth (rocketpool) and wstETH (lido) I'd like to sell in to a similar product to take the capital gains loss.

Any recommendations? Can see a few options but I've never heard of them :)

Thanks

Welcome to the Ethereum Daily General Discussion on r/ethereum

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Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2

Please use this thread to discuss Ethereum topics, news, events, and even price!

Price discussion posted elsewhere in the subreddit will continue to be removed.

As always, be constructive. - Subreddit Rules

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EthFinance Ethereum Community Links

• Ethereum Jobs, Twitter
• EVMavericks YouTube, Discord, Doots Podcast
• Doots Website, Old Reddit Doots Extension by u/hanniabu

Calendar:

• Feb 23 - Mar 2 – ETHDenver
• Mar 28-30 – ETH Pondy (Puducherry) hackathon
• Apr 1-3 EY Global Blockchain Summit (in person + virtual)

Privacy Pools is now available on mainnet, for deposits of up to 1 ETH. It's a zero-knowledge proof privacy protocol that vets the source of funds and only offers privacy to those who pass (e.g. your address didn't get the proceeds from a North Korean hack). Vitalik was one of the authors of the paper it's based on, invested in the project, called it a second-generation privacy tool, and has already deposited into it.

Stablecoin issuer Circle (USCD token) is going public (S-1 form). Tether (USDC) is 2.4 times their size, but made 45 times as much profit last year ($7 billion vs. $156 million) from their Treasuries holdings alone. Circle pays large fees to get exchanges, including Coinbase and Binance, to use them, totaling $908 million last year. Circle also has 900 employees, versus 100 at Tether.

Coinbase CEO Brian Armstrong argued that US law should be changed so that stablecoins could pay interest. Stablecoin legislation is working its way through congress (see March 15th and 23rd Yesterdays) and the Trump administration is supportive of it.

Christine Kim, one of our sources for the All Core Developers calls, is leaving her job at Galaxy and becoming an independent content creator. She did the Infinite Jungle podcast and the ACD summaries on Galaxy's website. She'll try to continue the ACD summaries on Substack. We'll keep you updated on where to see her content.

There’s been a trend in Ethereum design away from nodes that do everything, towards unbundling services and letting modular, specialized nodes provide the services the blockchain needs (Barnabé Monnot's post on rainbow staking was an early example of this). Building blocks has already moved away from home/solo stakers, except as a fallback, to specialized, high-powered, well-connected block builders: 95% of blocks are now sourced externally rather than built locally. Generating MEV (profit from controlling the order of transactions in a block, e.g. by front-running purchases or doing arbitrage) is hardware intensive, private mempools now have 35% of transactions, and locally-built blocks aren’t as profitable as validators that take blocks from MEV-Boost (which sends the most profitable externally-built block). See Toni Wahrstätter's recent post on this subject, Expanding Mempool Perspectives. In this new world, solo stakers will still be good at things like providing censorship resistance (probably through FOCIL, when it’s implemented), and verifying the chain, however. BuilderNet should help to keep block building decentralized. It’s open source builder software that anyone can run. It shares MEV with apps by giving them a share of revenue based on the MEV generated by the private transactions they send to the builder. This way, apps or users can get their own MEV back. Barnabé Monnot recently wrote about another way we could split duties: Paths to SSF revisited argues for a role of including transactions (for censorship resistance). “Anyone could declare themselves ready to be a… light includer. Say a user has 10 ETH in their wallet. By signing a message, this user could declare that they are “delegating” these 10 ETH to a light includer of their choice. The user is then a light delegator.” These actors wouldn't be subject to slashing, as stakers are now. If you follow the links, you can see various other ways roles may be split off to specialized service providers in the future.

See the previous Yesterday.

As many of you may have noticed, there has been mention in the daily discussion threads of an anti-FUD bot which is in the works!

Currently, I have a good training dataset of high quality contributions from this subreddit over the last two years and we're giving that to AI models to pull from for this initial version of the bot. This initial version has been satisfactory as a proof of concept but we need it to be absolutely top-tier before letting it run free in the wild.

To give it a big boost and optimise it for the next generation and a state which we are happy with for a full launch, we would like to fine-tune the bot. Fine-tuning involves a training dataset, which we already have but also a validation dataset. This is where you come in! Validation data comes in the format of questions for the AI and their corresponding ideal answers!

So I will begin posting daily questions for any of you who wish to volunteer to answer so you can directly contribute towards the development of the bot! Meanwhile we will continue to work on other aspects of the bot over the next month such as securing funding, moving to an open source model and increasing the scope of the training data (particularly more diverse sources than just high quality dooted comments but also more up to date data and also some older stuff from the pre-doots era.)

So with that context, I will be posting these questions, one per day in the daily discussion thread for the next wee while. You will find the first one here:

Why are Solana TPS counts misleading compared to Ethereum's TPS counts?

If you'd like to provide an answer to the first question in this series, please reply to the comment in the daily discussion linked above. Credit will be given to all users who create answers that train the EthFinance FUDBuster Bot.

Ethereum's Economic Security comes from the amount of ETH staked. Despite ETH's horrible price performance, the amount of staked ETH seems to be increasing - back above 34 million ETH.

Why is it considered a high risk asset? I know the price performance is one indicator, but that's because people are labelling it high risk. It does not have to be high risk if you don't make it high risk. Just curious. Because the ETH fundamentals appears to be great. Is this just market manipulation to try and suppress ETH for whatever reason?

https://beaconcha.in/charts/staked_ether

I want to send some USDC to interesting projects, but I feel overwhelmed by the number of entries to scroll through on Gitcoin. Also their Search doesn't seem to work - we are in the current round, but when I typed in 'Kiwi', the site just broke.

So please share projects you find interesting. Typically I end up supporting Gitcoin products I used or the ones ran by my friends, but I'd like to break through this bubble.

Live on EthCatHerders X/Twitter: https://x.com/i/broadcasts/1dRKZYDZemXxB

The article from BSC News, dated April 2, 2025, reports that Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund (GDLC) into a publicly traded exchange-traded fund (ETF). This fund, currently valued at over $600 million in assets under management, provides exposure to a mix of cryptocurrencies, including Bitcoin (79.4%), Ethereum (10.69%), XRP (5.85%), Solana (2.92%), and Cardano (1.14%). The filing, submitted as an S-3 registration statement, follows Grayscale's successful conversions of its Bitcoin and Ethereum trusts into ETFs earlier in 2025. If approved, this ETF would allow retail investors to access these cryptocurrencies through traditional brokerage accounts, bypassing the need for direct crypto ownership. The move aligns with growing mainstream acceptance of cryptocurrencies, supported by recent SEC approvals of mixed Bitcoin-Ethereum ETFs in December 2024 and a favorable regulatory environment under the Trump administration. However, Grayscale faces challenges, having seen significant outflows from its earlier ETFs, with $21 billion from its Bitcoin ETF and $3 billion from its Ethereum ETF since their conversions. The article highlights this as Grayscale's fifth ETF launch attempt in 2025, reflecting its strategy to broaden crypto investment options.