2min chapter

Bankless cover image

150 - Bull Case for Ethereum IV with Justin Drake, DCinvestor, & Anthony Sassano

Bankless

CHAPTER

The Only Place Where Innovation Can Come in Is at Layer One

In terms of being able to copy ideas from the ecosystem, there's various layers at which these ideas can be incorporated. They could be incorporated at the service layer, basically the centralized layer. I think the other two layers would be the application layer and consensus level. Bitcoin is a social experiment in premature ossification at the consensus layer.

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