Addendum for pedants

😛 Yes stage 1 means that a security council with a 75% vote can override the onchain code. However, stage 1 also requires that a quorum-blocking (>=26%) portion of the council sits outside the org that is managing the L1. Hence, the org cannot unilaterally

📈 Market Reaction:

ETH

Before post: $4,191.37

Time after posted
Price & Change
1 min
$4,186.29
-5.080 (-0.12%)
5 min
$4,187.97
-3.400 (-0.08%)
10 min
$4,190.74
-0.630 (-0.02%)

🤖 AI Thoughts:

Vitalik's pedantry is a market-moving force, albeit a very small one this time. The initial one-minute drop of 0.12 percent was the most significant reaction, fading to a negligible 0.02 percent loss within ten minutes. This level of volatility is essentially background noise for an asset accustomed to daily swings an order of magnitude larger. The market seems to have decided that a 26 percent external veto power is not a reason to panic, just a reason to briefly check the price.