Ethereum

I wrote again about the differences between Solana and Ethereum in the latest Powerlaw memo. I make the case for why it does not make much sense to compare those networks with one another.

It's like eggs and carrots. Yeah, you can eat both, but you can only use one of them to make an omelette.

What's your take?

This is the alt account of Sister Hazel. Writings at https://powerlaw.systems. Building https://testnet.uvio.network. 

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In my mind when there is a big pie of settlement, then trading is a fraction of it. 

Rounding valuations for NYSE and AWS to 50B and 300B respectively we already are roughly at fair ratios for SOL and ETH.

My ball park target ratio would be in the order of 1:10.

Winner takes most.

while I think the analogy is true, it's not really useful without further commenting on whether the world is mostly omelette's or carrot cakes. I.e. what is the relative value capture* of trading vs. value settlement. *value capture being key i.e the internet is massive, but the ISPs aren't capturing most of the value

working on /microsub + @degentipbot.eth; producer/dj; host of /campfire 🎧 + /downshift ⚙️

Right, that speaks somehow to this parallel universe of use cases, which all in their own right are legitimate for their respective audiences.

The question will be how the world will evolve and which of those parallel universes will effectively become the future of most people on earth.

the design of Solana is fundamentally insecure, but that doesn’t matter to the people that care about its use case; the design of Ethereum is fundamentally secure, but that doesn’t matter to people who don’t care about its use case.

Couldn't agree more! That's why companies innovating for SOL & ETH are where it’s at for me personally. I recently found out about one that released the world’s first approved ETH ETF from Canada and they seem to have more in the works for SOL!

Couldn't agree more! That's why companies innovating for SOL & ETH are where it’s at for me personally. I recently found out about one that released the world’s first approved ETH ETF from Canada and they seem to have more in the works for SOL!   https://3iq.io/staking?utm_source=warpcast