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I wrote essentially the same post yesterday. The interest in crypto is directly proportional to the BTC/USD rate. I don't see real innovation compared to 2016 when very few people talked about this stuff. The single thing that has changed is the price.


On Ethereum:

- The rise of decentralized finance.

- Ownership through NFTs (I personally love ENS [1]).

- Truly decentralized proof-of-stake ready for prime time, pending only the merging of the PoW network into the PoS network that launched a year ago [2].

- Predictable gas fees with EIP-1559, including a variable block size.

- A bunch of layer-2 scaling solutions live, including optimistic rollups, zero-knowledge rollups, validium solutions, and plasma solutions [3].

- Private transactions on zero-knowledge L2 chains with shielded transactions [4].

[1] https://ens.domains/ [2] https://beaconcha.in/ [3] https://l2beat.com/ [4] https://zk.money/


You could also say that the BTC/USD rate is proportional to the amount of interest...




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