Joseph Lubin Advocates Low Ethereum L1 Fees to Foster Enterprise Growth
2026-07-14 09:59

Woofun AI reports that Joseph Lubin, co-founder of Ethereum, stated on X that low revenue fees on the Ethereum L1 layer are necessary to foster ecosystem growth. He projects that tens of thousands of enterprises will operate on Ethereum L1, L2, and private permissioned EVM networks like the Besu chain within the next two to three years. Lubin anticipates that significant increases in monetary premiums and fee revenue, combined with supply reduction from staking, will drive net ETH burning and enhance value under ultra-sound money conditions.

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ETH
Joseph Lubin
Besu
Ethereum
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