Ethereum’s Hidden Leverage: Developer Incentives and Security Risks in the Post-Merge Era

Ethereum transitioned to PoS mechanism in 2022, reducing energy consumption by 99.95%, but it still faces challenges in terms of developer incentives and security. While upgrades like Dencun reduce fees by 90%, validator centralization, insufficient audit funding, and Gas volatility threaten Ethereum's long-term viability. Solutions include optimizing protocol funding, decentralized staking, and enhancing security investments.