As much as I https://abs.twimg.com/emoji/v2/... draggable="false" alt="❤️" title="Rotes Herz" aria-label="Emoji: Rotes Herz"> #Ethereum, crypto innovation will not be constrained to $ETH, just as it wasn& #39;t constrained to $BTC.

The ~year since writing the below piece has been full of fires for up-and-coming smart contract protocols.

For the quality SC protocols, on the horizon is a period of massive growth, alongside #Ethereum& #39;s own scaling journey. https://www.placeholder.vc/blog/2019/10/22/fire-before-growth-the-likely-fate-of-ethereum-killers">https://www.placeholder.vc/blog/2019...

#Ethereum will scale, but that doesn& #39;t mean it will capture every middleware protocol & crypto application interface built forevermore.

#Ethereum& #39;s #DeFi boom, and the current #NFT craze, are fueling the need for other SC protocols to take some of the load.

As much as high gas fees signal the value of Ethereum, they also signal the need for things other than Ethereum.

Layer-2s + 2.0 won& #39;t fix this entirely.

Crypto& #39;s 2017 was built upon the back of two major innovation environments ( #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt="">, #Ethereum).

Crypto& #39;s 2021 will be built upon the back of at least 5 major innovation environments.

Try not to be tribal about it.

But do put your resources into those that align with your values, and if centralized innovation environments get to scale, work with them to better spread the wealth + power (admittedly, my plug for my values https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙂" title="Leicht lächelndes Gesicht" aria-label="Emoji: Leicht lächelndes Gesicht">).