Opinion: BTC and ETH Credible Neutrality Involves Token Distribution, Transparency, Jurisdictional Relationships, and Developers
Show original
David Marcus, former head of Facebook's stablecoin project, refuted on the X platform the opinion of 1confirmation founder Nick Tomaino that ETH is by no means neutral. In response, Nick Tomaino stated that credible neutrality can be defined in three aspects:
- Token distribution and transparency: BTC has 0% internal distribution. Anyone can participate as a PoW miner with complete transparency. ETH has a 10% internal distribution and previously used PoW mining, while Solana has 62% internal distribution, with early token distribution and validators not disclosed, generally lacking transparency;
- Jurisdictional relationships: Bitcoin initiated the internet-native, Ethereum is building the internet-native with the global community, Solana is more like a "corporate token" and has been involved in U.S. lobbying;
- Developer platform: Bitcoin does not have a good developer platform, whereas Ethereum has numerous important use cases (stablecoins, DeFi, NFTs, prediction markets, decentralized social networks, etc.). Ethereum prioritizes providing a decentralized platform for developers and companies, with Blackrock, Fidelity, Stripe, Kraken, Deutsche Bank, Sony, Visa, Polymarket, Uniswap, Aave, and Opensea all building within the Ethereum ecosystem.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
ETH falls below $3,000
金色财经•2025/11/29 10:31
Beijing Business Today: Crypto Speculators Flock to Social Media Platforms
金色财经•2025/11/29 10:17
As the US strives to mediate, Russia and Ukraine launch attacks against each other
金色财经•2025/11/29 09:14
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,633.95
-0.98%
Ethereum
ETH
$3,006.73
-1.45%
Tether USDt
USDT
$1
+0.05%
XRP
XRP
$2.19
-1.79%
BNB
BNB
$880.96
-1.53%
Solana
SOL
$137
-3.45%
USDC
USDC
$1
+0.03%
TRON
TRX
$0.2809
+0.05%
Dogecoin
DOGE
$0.1493
-1.91%
Cardano
ADA
$0.4164
-3.54%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now