GrayScale Valuing Ethereum 笔记

Summary

Value proposition

Bitcoin promises a global, verifiable accounting system. This accounting system,
supported and secured by the most powerful computing network in the world,
allows users to track value with a high degree of confidence.

Ethereum similarly facilitates verification, but of a wider set of logic and
information. In other words, Ethereum’s robust network ensures that
applications run according to the logic that is encoded, without the need
for third parties or without the possibility of interference. Ethereum creates an
environment of trust, which is historically a prerequisite for prosperous trade.

Bitcoin is more hardened and relatively more inflexible.
Ethereum is adaptive and flexible.

On chain data