The Sun and the Ether: Why Ethereum Has Already Won

Web3 Tech Brief By HackerNoon

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Ethereum has already won by design over Bitcoin and Solana due to decentralization, scalability, and security, without compromise.
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There are many contenders for the race to be the Number 1 platform underlying the Internet of Money, amongst them Bitcoin, Ethereum, and Solana. For one, there is Bitcoin, which is the best known blockchain and the highest in market capitalization. Yet because it is not a general purpose blockchain, it is unlikely that it will be able to contain the many applications of the new Internet of Money. Historically, "ether" referred to a hypothetical invisible medium believed to permeate the universe and serve as a conductor of light waves. This name was not chosen without consideration. If the Ethereum seems relatively cool and detached by comparison, it is a feature not a bug. It encapsulates more things and more people, because it is more decentralized. This laissez faire attitude has led some to accuse it of being slow, but it has shown to be an all-encompassing church for all creeds, precisely because of how easy it is for the everyman to set up a node and be part of the ecosystem. Because Ethereum is both decentralized and high throughput by design, it has already won the race.