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RE: LeoThread 2024-10-20 11:22

in LeoFinance11 hours ago

I criticize Etherem a lot for how it basically sold its users out to centralized companies called "L2s" that can censor on a whim.

But it's undeniable that Ethereum, and EVM, have massively innovated in the space.

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Yep the crypto world would look very different right now without Ethereum. I don't believe a truly decentralized system will ever take off to be honest with you and it's a pipe dream.

I'm much more optimistic, because of how close we've come.

We just have to get it all the way right next time. On-chain governance (a DAO) would have prevented Bitcoin and Ethereum's problems.

DeFi, programmable stablecoins, DAOs, tons of other stuff.

The possibilities are endless in crypto, and we owe a lot of that to Ethereum for starting us off down the path of "do literally anything awesome." 🍻