All Random Solved Random Open
Let $\phi(n)$ be the Euler totient function and $\phi_k(n)$ be the iterated $\phi$ function, so that $\phi_1(n)=\phi(n)$ and $\phi_k(n)=\phi(\phi_{k-1}(n))$. Let \[f(n) = \min \{ k : \phi_k(n)=1\}.\] Does $f(n)/\log n$ have a distribution function? Is $f(n)/\log n$ almost always constant? What can be said about the largest prime factor of $\phi_k(n)$ when, say, $k=\log\log n$?
Pillai [Pi29] was the first to investigate this function, and proved \[\log_3 n < f(n) < \log_2 n\] for all large $n$. Shapiro [Sh50] proved that $f(n)$ is essentially multiplicative.

Erdős, Granville, Pomerance, and Spiro [EGPS90] have proved that the answer to the first two questions is yes, conditional on a form of the Elliott-Halberstam conjecture.

It is likely true that, if $k\to \infty$ however slowly with $n$, then for almost $n$ the largest prime factor of $\phi_k(n)$ is $\leq n^{o(1)}$.

Additional thanks to: Zachary Chase