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EIP1559 SmartCon Panel | DC Investor, SquishChaos, James Wang

Bankless

CHAPTER

Ethereum vs. Bitcoin: The Unique Value of Ether

This chapter explores the distinct characteristics of Bitcoin and Ethereum, placing special emphasis on the unique asset qualities of Ether. It discusses how decentralized finance (DeFi) and EIP-1559 enhance the practical applications of Ethereum, while also addressing the user experience and network dynamics. Additionally, the chapter examines the impact of NFTs on Ethereum's gas prices and overall ecosystem activity, underlining Ether's role as a liquid and valuable collateral asset.

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