1confirmation founder: Ethereum has no competitive relationship with the later L1 ecosystem
1confirmation founder Nick Tomaino stated in a post on X that there is no competition between Ethereum and other subsequent L1 ecosystems. Other projects cannot compare with it in terms of product innovation and native tokens as currency. He pointed out that the real competition is between Bitcoin (BTC) and Ethereum (ETH), where Bitcoin, as the "big brother", must be respected. Meanwhile, Ethereum has accumulated strong momentum in distribution through its L2 and L3 technologies and new Wall Street applications.
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.
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