Ethereum chain, assets and technology are gradually differentiating

According to Wu Shuo, @dcposch explores the differentiation of Ethereum at three levels: chain, asset and technology. On the Ethereum chain, assets such as stablecoins decouple the new EVM chain from the main network. The main network has advantages in decentralization, but faces challenges such as economic activity carrying. Large institutions launch their own chains, with cost and speed advantages. Ethereum assets (ETH) are regarded as a means of institutional value storage, and their value is based on institutional adoption and currency premium, and will be affected by the degree of institutional adoption and competition with Bitcoin in the future. At the technical level, Ethereum is the most successful, with many new chains and applications based on EVM, and its development tools and ecosystem are strong, but the user and developer experience needs to be improved. Although the three levels are prospering, they are moving towards separation.