> A world computer should also be the main owner of its state. [...] Composability is the superpower of blockchains Exactly. Verifiable offchain computation is what lets Ethereum scale. Onchain state is what makes it composable. Ethereum's endgame is to hold the world's state. Slice applies this thesis to commerce, and doing it properly meant rebuilding commerce from scratch. I'll be going deep on this soon, but in a nutshell, when state moves onchain: - New primitives become possible, enabling more powerful, automated processes — on Slice we call this "smart commerce". - Many problems typical of web2 disappear. - New problems appear. DeFi showed what happens when one domain's state moves onchain. We're doing the same for commerce, and I expect the pattern to repeat across most domains over time. I believe one of Ethereum's main challenges is resolving the tension between privacy and composability. Ethereum wins when developers and users can decide what is private, shared or public, and everything stays composable. That's why I'm so excited about obfuscation. Most of the building blocks are in place, and the design space in commerce is immense. Truly grateful to everyone who has contributed and keeps contributing to Ethereum for making possible a future worth building toward.