Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Opinion: BTC and ETH Credible Neutrality Involves Token Distribution, Transparency, Jurisdictional Relationships, and Developers

Opinion: BTC and ETH Credible Neutrality Involves Token Distribution, Transparency, Jurisdictional Relationships, and Developers

ChaincatcherChaincatcher2025/05/11 13:08
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

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!