The Fragmentation Fallacy: Layer2s Are Not Scaling Ethereum, They Are Dismantling It
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Fear
Market Sentiment
Circulating supply increases by about 2%
Block reward reduced to 3.125 BTC
Block reward halving event
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Team and early investor shares released
Improves data availability sampling efficiency
92 million ARB released
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Bitcoin Season