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A comment on Ethereum has blobs. Where do we go from here?. Parent comment

Re:Ethereum has blobs. Where do we go from here? by rglullis on Friday March 29, 2024 @10:20AM (#39864427)
I didn't mention Algorand because its overall network is a blip compared with Ethereum and Solana in any metric, and it can barely be considered as Battle-Tester in a "real world" scenario.
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Re:Ethereum has blobs. Where do we go from here? by wslh on Friday March 29, 2024 @11:49AM (#39865496)
Do you have a paper for that?
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Re:Ethereum has blobs. Where do we go from here? by rglullis on Friday March 29, 2024 @06:18PM (#39869598)
TVL for Algorand, 111M USD: https://defillama.com/chain/Algorand

TVL for Ethereum, 53B USD: https://defillama.com/chain/Ethereum

If doing DeFI on Algorand is so much better/cheaper than on Ethereum, then why is it only 1/500th of Ethereum's size?

Mind you, it seems that this calculation is not attributing "bridged" TVL as related to the chain size and activity. If it were, there are 330 Billion USD that depend on Ethereum's base layer security.

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