Bankless Where is Ethereum Headed? | Mike Ippolito & Mike Neuder
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Oct 1, 2024 
Mike Ippolito from Blockworks shares deep insights on Ethereum's evolving landscape, focusing on the essence of its roadmap. He teams up with Mike Neuder, who passionately defends Ethereum's trajectory. They delve into rollup technology, value accrual mechanisms, and the philosophical differences between Ethereum and emergent competitors like Solana. The conversation resonates with bullish optimism, discussing what it takes for Ethereum's promises to become reality and addressing the potential impacts of scalability and governance on its future.
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Ethereum's Value Proposition
- Ethereum's value proposition might be less clear compared to Bitcoin or Solana, leading to a potential schism in the community.
- This is due to Ethereum's broader focus and multiple development directions.
Schisms vs. Disagreements
- Naval Ravikant observed that groups often form schisms rather than simply disagreeing.
- This can be seen in historical examples like the Protestant Reformation and Bitcoin's block size wars.
Ethereum Value Accrual
- Ethereum's value accrual might come from its role as money, generating cash flows, and network effects.
- It doesn't necessarily need to be net deflationary in the long run.