this post was submitted on 27 Jul 2025
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From a user perspective yes to all 3.

From a infrastructure perspective,

  1. You need capital to keep people honest. Nothing at risk means people can lie

  2. Some power is still needed, but Ethereum has gone from the consumption of Chile to a single windfarm.

  3. ZK proofs now allow anyone to create an anonymous token. Most blockchains are opt in for anonymity.