Author: Blue Fox Notes
Editor's Note: On July 2, the Ethereum Foundation's Global Policy Strategy Team released a report discussing how governments and institutions should think about Ethereum and why it is the best platform for their deployment. The report notes that Ethereum has maintained a zero-downtime record since its launch in 2015, and as of March 2026, its network is secured by approximately $76 billion in staked ETH.
This report is worth reading:
Ethereum is not an ordinary blockchain; it is currently the platform closest to being "digital public infrastructure."
Like the internet's TCP/IP protocol, it is neutral, open, and uncontrollable by anyone, but it is designed to handle "value, contracts, and coordination."
A few aspects:
1. No One Can Control It (Strongest Neutrality)
Ethereum has no owner, no backdoor, and no kill switch.
Maintained by thousands of independent nodes and hundreds of thousands of validators globally, no single country, company, or individual can unilaterally change its rules or shut it down.
This is crucial for governments and institutions, who fear handing over critical infrastructure to a "third party."
2. Zero Failures in Over 10 Years of Secure Operation
Currently, approximately $76 billion in ETH is staked (as security collateral). Attacking it would cost over $50 billion and result in huge losses.
From its launch in 2015 to now, zero downtime (unlike all other L1s, which have experienced issues).
3. Already Used by Major Institutions and Governments with Real Capital
• Stablecoins: $159 billion locked on it (far exceeding other chains).
• Real-World Asset Tokenization (RWA): BlackRock, JPMorgan, and others have already launched products on it.
• Government Applications: Bhutan uses it for national digital identity, India for land registry to prevent corruption, etc.
4. Clear Advantages Over Other Options
• Compared to Traditional Banks/Intermediaries:
No need to trust intermediaries, guaranteed by mathematics and cryptography, more transparent, lower costs.
• Compared to "Consortium/Private Chains":
More open, neutral, and not controlled by anyone.
• Compared to Other Public Chains:
More mature, largest developer community, largest economic scale, highest security.
In summary,
Through data + real-world cases + comparisons, it is clear:
Ethereum is the "neutral public layer" for future global value settlement and coordination.
