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Steven Goldfeder

Steven Goldfeder

Computer scientist

Sep 13, 2026

5:43
And also, what's your thought on how Ethereum is actually reflecting value of all this activity happening on one of its layer twos? It's actually capturing very little of the fees that are being paid.
6:00
Great question.
6:00
So, yeah, let me take those one at a time.
6:02
You know, in particular, when it comes to I'll take the Ethereum one first because that's that simple.
6:06
Then we'll go back.
6:07
When it comes to Ethereum, I think it's a mistake for people to look at, you know, sort of the only the very direct fee economics and say, OK, Ethereum is not doing well here.
6:18
Ethereum is doing, I think, quite well here.

34 MINS LATER

40:05
So I don't know, what are some of these of the earlier lessons that you're starting to see, some of the gaps, some of the improvements that could be done to this model?

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