Ethereum chose the path of least resistance and forgot the mission. Not only did the founders not understand Bitcoin, they actively attacked it by claiming it incapable of arbitrary computation.
For as long as I've been working on Ethereum, people have been talking about how they need "instant" transaction finality and how they need a special / private / proprietary / not-Ethereum chain to give them that. The problem? The problem with this line of argument is that there really isn't a problem with Ethereum's transaction finality. I've been in this business for >10 years (yes, for real, don't "@" me) and NOBODY has EVER given me a real example of Ethereum's finality has caused them a problem. It has literally never come up in a single client or developer meeting. Just for the sake of reality, though, let's put it in perspective. Transactions on Ethereum are typically done in about 12 seconds (block time). Transaction finality on Ethereum takes 2 epochs, which is roughly 13 minutes. (Fun fact, that's the same amount of time it takes to come up with a new L1 and get VC funding!) On average, between 0.1-1% of all transactions get caught in a short-fork and are re-included within under a minute and 0% of all transactions get reverted once fully completed. This is an imaginary problem used to explain a wildly over-engineered solution usually with a proprietary twist. It's time to move the discussion onwards.
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