Ethereum's 10th Anniversary: A New Era of Digital Trust

Trust has always been a core element in the global financial system. Ethereum is fundamentally transforming the digitization process of assets, capital, and financial transactions through its unique digital trust mechanism, significantly enhancing the efficiency of the entire financial ecosystem, allowing all participants to benefit.

Recently, Ethereum celebrated its tenth anniversary milestone. A detailed report titled "The Industrialization of Trust" outlines the investment value of Ethereum and the emerging technology category of "Trust Software." "Trust Software" serves as an infrastructure that industrializes the production of trust, allowing trust to be encoded as digital goods.

Research shows that Ethereum has become the dominant blockchain platform, supporting over half of non-Bitcoin digital assets, including 60% of stablecoins, 60% of decentralized finance capital, and 80% of tokenized real-world assets such as stocks, money market funds, and bonds.

Breakthrough in Digital Trust: Trust Software

Trust software is a revolutionary infrastructure that upgrades traditional concepts of trust (such as manually verified receipts and ledgers) to algorithmically generated digital trust. For a long time, human civilization has relied on various forms of trust infrastructure, from kinship to large institutions like governments and insurance companies. While these systems have facilitated cooperation and economic growth, they come at a high cost. It is estimated that global spending related to trust exceeds $9 trillion annually.

Trust software grants ordinary data the core attributes of trust through an algorithmic process: validity and finality. Validity ensures the consistency and correctness of the data, possessing mathematical determinism; finality guarantees the permanence of the data, making it difficult to alter.

Ethereum can add these attributes to data in a scalable manner without ongoing human intervention, thereby achieving trust at a very low cost. Through its powerful public network and groundbreaking cryptoeconomic algorithms, Ethereum simultaneously enhances the efficiency of financial transaction verification in terms of speed, cost, security, and scale.

Investment value is highlighted.

Investors are gradually realizing that ETH is not only the "second largest cryptocurrency," but also represents the rapid growth of stablecoins and other tokenized assets. ETH underpins various innovative applications, from prediction markets to tokenized stocks. With the introduction of relevant legislation, this wave of innovation will continue to accelerate. Ethereum, as a platform driving the future global economy, is becoming increasingly significant.

Ethereum has been ready for this moment since its inception. In terms of security, assurance, and resilience, Ethereum performs exceptionally. Its achievements over the past decade in the field of digital and traditional asset technology are unparalleled:

• Economic security: Over $100 billion in staked capital and more than 1 million validators have built a strong defense capability.
• Network effects: possessing the deepest liquidity, the most developers, and the richest application ecosystem.
• Adaptability and continuous upgrades: Demonstrating strong resilience and ongoing improvement capabilities through complex upgrades such as Merge and Dencun.
• Global neutrality and decentralization: Over 1 million validator nodes distributed across more than 80 countries/regions, demonstrating its resilience and reliable neutrality.
• Institutional Validation and Adoption: Top financial institutions around the world have started to utilize Ethereum for various innovative applications, validating its security model and reliability.

Despite the increasing maturity of Ethereum technology, its economic potential is still in the early stages. The total market capitalization of cryptocurrencies accounts for only 0.3% of global wealth, and tokenized securities still have a small share in the capital markets. However, the gradual clarification of the regulatory environment, particularly in the United States, is accelerating the adoption of digital assets. The integration of artificial intelligence and blockchain is also driving the demand for trustless infrastructure.

For institutions, holding Ether means owning the digital economy infrastructure at a low price. Ether can not only be used to pay for network transactions but also serves as a means of value storage and generates cash flow through staking. With the popularity of the Ethereum platform, the value of Ether is expected to continue to grow.

Trust in a Digital Future

The digital machines of trust have been built and are continuously self-improving and creating value. The key is not whether to believe in Ethereum, but whether to believe in the trend of digital trust. If one believes in this trend, then the reasons to invest in the foundational layer of the future global economy are self-evident.