[sunshine-o]

Yes but as you see on code4rena the cost of an audit is about $100k.

What is ballpark what a company would pay to have a security audit of their website or network for example. So I would guess Ethereum has become an "Enterprise" technology because of the prohibitive cost of security of its applications?

From what understood originally, blockchain & Ethereum aimed removing those actors like banks who can afford high cost of licenses, compliance & security of complex systems.

Meaning you could write and execute your will without a lawyer and a court system, or write a smart contract to manage a condominium and its treasury with the other landlords (a $100k audit is out of the question for those use cases).

We are hearing less and less about those use cases and talk more and more about "Enterprise Ethereum" (https://ethereum.org/en/enterprise/) as we find out that developing for the platform will be as complex & expensive as for a big corporation.

[kaycey2022]

But none of the players involved are "landlords". The 100k etc is just the figure they are charging for their services. It isn't mandatory that you get a security audit. You can just go ahead without it.

Whereas if you want to get those conventional licenses you have to go through mandatory licensing. This means there is unlikely to be a regulatory capture that would introduce licensing terms that would prohibit new players from coming in.

That is objectively a good thing.