This article reports on David Marcus's rebuttal to Nick Tomaino, the founder of 1confirmation, regarding the neutrality of Ethereum (ETH). Nick Tomaino defines trustworthy neutrality from three aspects:
1. Token Distribution and Transparency: Bitcoin (BTC) has 0% internal distribution, anyone can participate in PoW mining, completely transparent; Ethereum has 10% internal distribution and once used PoW mining; Solana has 62% internal distribution, token distribution and initial validators are not public, lacking transparency.
2. Jurisdiction: Bitcoin is a native asset on the open internet; Ethereum is built as a native platform on the internet by the global community; Solana resembles more of a "business token" and engages in lobbying in the United States.
3. Developer Platform: Bitcoin lacks a real development platform, while Ethereum hosts many important applications (stablecoins, DeFi, NFTs, prediction markets, decentralized social networks, etc.), prioritizing a decentralized platform for developers and companies. Many well-known organizations and businesses such as Coinbase, BlackRock, Fidelity, Stripe, Kraken, Deutsche Bank, Sony, Visa, Polymarket, Uniswap, Aave, and OpenSea are building on the Ethereum ecosystem.
