Opinion: Token distribution and transparency, jurisdiction and developers may define the credible neutrality of BTC and ETH
Odaily News David Marcus, former head of Facebook's stablecoin project, published an article on the X platform to refute 1confirmation founder Nick Tomaino's view that ETH is by no means neutral. In response, Nick Tomaino said that credible neutrality can be defined from three aspects: 1. Token distribution and transparency: BTC has an internal distribution of 0%. Anyone can participate as a PoW miner and it is completely transparent. ETH has an internal distribution of 10%, and previously used PoW mining. Solana has an internal distribution of 62%. Token distribution and validators were not disclosed in the early stage, and there is an overall lack of transparency. 2. Jurisdiction: Bitcoin opened up the Internet native, Ethereum built the Internet native together with the global community, Solana is more like a "corporate token" and has participated in lobbying in the United States; 3. Developer platform: Bitcoin does not have a good developer platform, while Ethereum has a large number of important use cases (stablecoins, DeFi, NFTs, prediction markets, decentralized social networking, etc.). Ethereum prioritizes providing a decentralized platform for developers and companies. Coinbase, Blackrock, Fidelity, Stripe, Kraken, Deutsche Bank, Sony, Visa, Polymarket, Uniswap, Aave, and Opensea are all building on the Ethereum ecosystem.