With recent statements from Bitwise CEO Hunter Horsley, Ethereum is recognized not as a rival to Bitcoin but as a platform that reshapes conventional internet finance models.
Ethereum as an Operating System
According to Horsley, Ethereum should be viewed not just as an investment vehicle but as an operating system akin to iOS or Android. It offers a revolutionary approach to building decentralized applications and services, allowing developers to bypass the confines of traditional Web2 systems.
Technical Advances and MegaETH
One of Ethereum’s most ambitious projects is MegaETH, which represents a technical upgrade splitting execution, consensus, and data layers for maximum scalability. Recent public tests have shown the capability to handle over 100 million transactions per day, maintaining the network's decentralization and accessibility.
Transition from Competition to Transformation
As scaling methods evolve within the community, conversations are shifting. Rather than competing with Bitcoin, Ethereum aims to transform the financial system. Its true value may lie not in competition but in the reformation of digital finance's foundations.
Ethereum continues to advance, transforming not only financial structures but also the ways users interact with internet technologies. Its role as an operating system for decentralized applications will only grow.
