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Ethereum’s Biggest Mistake (and How to Fix It) | Sam Kazemian

Bankless

CHAPTER

The Evolution and Identity Crisis of Ethereum

This chapter examines Ethereum's shift from proof-of-work to proof-of-stake and its significance in the digital asset ecosystem, particularly in comparison to Bitcoin. It discusses the impact of EIP 1559 on Ethereum's valuation, its identity as a store of value, and the challenges faced by other Layer 1 assets in this competitive landscape.

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