Consensus consensus

As Ethereum approaches its 10th anniversary, blockchain company consensus is proposing a new way to consider the network’s role in the global economy: as a key infrastructure in the age of so-called “trust software”.

According to Consensys, Ethereum is moving beyond the smart contract platform to become the basic layer for verifiable, programmable trust in financial systems and beyond.

Although the concept remains speculative, the consensus points to the growing share of Ethereum in tagging assets, stable assets and diversified finances, an early sign of this shift, further predicting that demand for Ether (ETH) could rise dramatically in the coming years.

Jason Linehan, chief strategy officer at Consensys, talked with Cointelegraph about the network’s “cost-to-corruption” model, which he said could help push ETH to new heights.

Trust Software: The Next Identity of Ethereum

While not often discussed or measured, trust is behind almost every economic interaction. According to consensus, the global economy spends more than $9.3 trillion a year on insurance, legal systems, auditors, compliance, notaries and Betwes’ trust infrastructure.

The digital age makes a new form of trust – boundless, transparent and executed by code, allowing strangers to trade with mathematical certainty. The consensus calls this “trust software”.

https://www.youtube.com/watch?v=af9rbn7rwpw

“Trust software is a new way to talk about the incredible value Ethereum has brought to the economy,” Linehan told Cointelegraph. “The value of barriers has been established over the past 10 years through efforts by organizations such as the Ethereum Foundation, consensus and the global community of Ethereum developers.”

As traditional financial institutions recognize the efficiency and value of this type of trust infrastructure, the consensus believes that demand for Ethereum will increase accordingly, thereby promoting the long-term growth of ETH value.

Related: Vitalik Buterin proposes simplicity as the key to the success of Layer 2 blockchain

How trust software reshapes the value proposition of Ethereum

The cost-to-corruption model is a valuation framework that links the market value of ETH to the security needed to protect Ethereum economic activity. It runs on a simple premise: ensuring that Ethereum is more valuable in the form of stablecoins and other Defi Assets, the more expensive it must be to attack the network.

The consensus’s use of the “cost to corruption” model can all predict that by the end of 2025, ETH will reach $4,900 and $15,800 by 2028. Linehan said the model assumes the value of stablecoins is $1 trillion, $500 billion in real-world assets (RWAS) (RWAS) and $300 By Treative by Treative by 202 by 2028 by 2028 by 2028 by 2028 by 2028.

“By 2028 or 2030, there is a credible forecast of $2 trillion and $16 trillion in RWAS,” he said.

The report also shows that ETH investors are still in the early stages. Currently, the total market capitalization of cryptocurrencies accounts for 0.3% of global wealth, while the amount of Stablecoin accounts for 0.1% of Forex.

As of May 31, Ethereum has received $220 billion in high-quality current assets (HQLA) Onchain, which despite the growth of these networks, both Solana’s $20.3 billion and $3.7 billion have significantly surpassed Solana’s $20.3 billion despite the growth of these networks, according to the sharing agreement.

“The future doesn’t look like it’s like the past… It’s going to be an economy we’ve never seen before, and it will shock what we have now. Ethereum makes it possible.”

Athena’s Safety and Scale Building

With Ethereum’s nearly 10th anniversary, it has a legacy of 21 network upgrades and basic innovations, including smart contracts, NFTS, tokens, Defi, Daos, Daos, oracles, oracles, crolups, crolus, stablecoins, stablecoins, Stablecoins, StableCoins, StableCoins, Stable and RWAS – all on its platforms.

Its architecture is powered by 1,056,000 validators in 84 countries. While other blockchains may attract specific sectors, such as games and members, and trusting software is less critical, Ethereum remains an ideal choice for institutional investors managing billions of dollars of global capital, Consensys said.

“Agent finance will mean RWA of tokens, and all other asset classes will be in the most complex algorithm we can imagine, with thousands of visits and transactions per second at 24/7/365,” he said.

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