Why ETH is Permissionless Money | Mike Neuder

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Nov 26, 2024

Mike Neuder, an Ethereum Foundation researcher, discusses the exciting future of ETH as permissionless money. He explains how Ethereum's structure enables free transactions and secure property rights, which are essential in decentralized finance. The conversation dives into the evolution of Ethereum's monetary policies, highlighting its low inflation and efficient economics. Neuder also emphasizes the importance of roll-ups and user control over assets, painting a bullish picture of ETH's role in the financial landscape of 2024.

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INSIGHT

ETH's Core Value

ETH's core value proposition is its strong property rights for digital assets.
This is what makes Ethereum and crypto so revolutionary.

INSIGHT

ETH on L1

On Ethereum's mainnet (L1), anyone can store, send, and program ETH without permission.
This simple functionality is a significant improvement over traditional finance.

INSIGHT

Rollups and Property Rights

Rollups inherit ETH's strong property rights through a forced exit mechanism.
Even if a sequencer fails or censors, users can retrieve their ETH.

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