As Ethereum approaches its tenth anniversary, Consensys presents a new concept viewing the network as critical infrastructure for a new type of economy.
Transition to the 'Trustware' Era
Consensys claims Ethereum is evolving from a smart contract platform to a foundational layer for verifiable, programmable trust in financial systems. According to their data, the global economy spends over $9.3 trillion annually on trust infrastructure, including insurance and legal systems.
The 'Cost-to-Corrupt' Model for ETH Valuation
The 'cost-to-corrupt' model links the market value of ETH to the security required to protect economic activity on the platform. Consensys anticipates that the price of ETH could reach $4,900 by the end of 2025 and $15,800 by 2028 if the target of $1 trillion in stablecoins is achieved.
Ethereum's Architecture of Safety and Scalability
Ethereum has gone through 21 network upgrades and boasts an architecture based on 1,056,000 validators across 84 countries. Consensys emphasizes that Ethereum remains a preferred choice for institutional investors despite the growth of other blockchains.
As Ethereum marks its tenth anniversary, Consensys highlights the network's significance as the foundation for a trust-based new economy and predicts continued growth.