ETH could be a better SoV than BTC or zcash:native: - Native staking yield - Privacy on the roadmap - Potentially deflationary through fee burn I hope Vitalik's pivot back to SoV…
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$ETH could be a better SoV than BTC or zcash:native: - Native staking yield - Privacy on the roadmap - Potentially deflationary through fee burn I hope Vitalik's pivot back to SoV doesn't come from …
$ETH could be a better SoV than BTC or zcash:native: - Native staking yield - Privacy on the roadmap - Potentially deflationary through fee burn I hope Vitalik's pivot back to SoV doesn't come from a belief that Ethereum L1 will never generate enough fees to make ETH deflationary. Remember that he recently pushed more on L1 scaling, with L2s focusing more on specific use cases (specific example: celebratory post on Trueo migrating from Base to the L1) Of course, scaling makes transactions cheaper too. Demand needs to keep up and Ethereum community needs to work on it. I like the SoV direction. It's a Smart-SoV: To get loans on BTC and ZEC you either need wrappers or trust banks/CEXs. ETH lets you native collateral and swap within one chain.
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