Ethereum’s Multi-Role Strategy Likened to Windows and Internet’s Dominance
- Ethereum supporter refutes critic’s claim ETH network is failing, citing true decentralization.
- Argues ETH’s Layer-2 ecosystem offers superior long-term scalability over rivals like Solana.
- Compares Ethereum’s multi-role strategy to Windows/Internet, predicting ETH outlives peers.
A staunch Ethereum supporter has forcefully argued against the notion that the Ethereum blockchain network is struggling by trying to do too many things at once and subsequently “failing on all fronts.”
The Ethereum supporter’s argument, detailed in an X post, revolved around debunking the points highlighted by a critic who cited three areas where Ethereum lagged.
1. Respectfully, BTC is completely screwed because of its security budget. It would only cost $8B to 51% attack BTC today. When this gets down to $2B (AKA, BTC's security market cap becomes 0.1% of its asset market cap), a 51% attack is virtually certain to happen. This will…
— gphummer.eth(@gphummer) May 14, 2025
According to the critic, Ethereum does not dominate any of the three sectors, including serving as SoV commodity money, providing the most efficient scalability platform, and having more blobspace t…
The post Ethereum’s Multi-Role Strategy Likened to Windows and Internet’s Dominance appeared first on Coin Edition.
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Ethereum’s Multi-Role Strategy Likened to Windows and Internet’s Dominance
- Ethereum supporter refutes critic’s claim ETH network is failing, citing true decentralization.
- Argues ETH’s Layer-2 ecosystem offers superior long-term scalability over rivals like Solana.
- Compares Ethereum’s multi-role strategy to Windows/Internet, predicting ETH outlives peers.
A staunch Ethereum supporter has forcefully argued against the notion that the Ethereum blockchain network is struggling by trying to do too many things at once and subsequently “failing on all fronts.”
The Ethereum supporter’s argument, detailed in an X post, revolved around debunking the points highlighted by a critic who cited three areas where Ethereum lagged.
1. Respectfully, BTC is completely screwed because of its security budget. It would only cost $8B to 51% attack BTC today. When this gets down to $2B (AKA, BTC's security market cap becomes 0.1% of its asset market cap), a 51% attack is virtually certain to happen. This will…
— gphummer.eth
According to the critic, Ethereum does not dominate any of the three sectors, including serving as SoV commodity money, providing the most efficient scalability platform, and having more blobspace t…
The post Ethereum’s Multi-Role Strategy Likened to Windows and Internet’s Dominance appeared first on Coin Edition.
Read More