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12h ago

Ethereum Marks 10th Anniversary with JPMorgan’s Tokenized Treasuries and Vision for a Global Computer

Ethereum Foundation’s new leadership has outlined a plan to expand the energy-efficient proof-of-stake network into a secure programmable backbone for decentralized applications.

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Ethereum at 10: what's next for the world computer?
Ethereum could win the war, but lose the prize
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Overview

  • Ethereum celebrated a decade since its 2015 launch as a proof-of-stake network after the 2022 Merge cut energy use by over 99%.
  • In 2025, JPMorgan executed the first regulated settlement of tokenized U.S. Treasuries on Ethereum’s public blockchain, signaling deeper institutional integration.
  • Layer 2 solutions like Polygon now handle the majority of Ethereum transactions, reducing fees and improving scalability for decentralized apps.
  • Recent U.S. legislation formalizing stablecoin issuers and Circle’s IPO have boosted institutional and corporate activity on the Ethereum network.
  • Ethereum Foundation co-executive directors have announced a vision to evolve the network into a decentralized global computer prioritizing privacy, security and censorship resistance.