Content
@
https://ethereum.org
0 reply
0 recast
0 reaction
welter
@fun
is "art" more valuable on the Ethereum L1 network vs a L2 like Base/Zora? and what about chains like Tezos? does it matter what chain you mint on? @jessepollak @vitalik.eth
14 replies
0 recast
4 reactions
Emmanuel🦉⌐◨-◨🎩🍥
@emmanuel
any asset is fundamentally more valuable on the Ethereum ledger than any other ledger that existed after it, like Base or Tezos. Ethereum is only second to the Bitcoin ledger in that regard. factors that contribute to this include: age, socio-economic security, ledger integrity, and even institutional support. 1/x
1 reply
0 recast
1 reaction
Emmanuel🦉⌐◨-◨🎩🍥
@emmanuel
the lack of credible socio-economic security and institutional support is why Ethereum Classic falls behind Ethereum, despite it being _arguably_ ahead in age. so it matters where you mint because it defines the properties and history that the asset can inherit from its host ledger. 2/x
2 replies
0 recast
0 reaction
welter
@fun
interesting, but aren't you just saying "since it was first, it's better?" or is there more to it?
1 reply
0 recast
0 reaction
Emmanuel🦉⌐◨-◨🎩🍥
@emmanuel
socio-economic security is one example of factors that knocks down the assumption that "since it was first, it's better". it's why the Ethereum ledger is the go-to ledger, not the Ethereum Classic ledger. also, there's far more to it https://warpcast.com/emmanuel/0xbee7b2e3
0 reply
0 recast
0 reaction