An Economic Analysis of Ethereum

The anonymous founder of Bitcoin, Satoshi Nakamoto, solved the hard problems associated with digital scarcity with a white paper in 2008, and launched Bitcoin in 2009.

Originally published: January 2021 The anonymous founder of Bitcoin, Satoshi Nakamoto, solved the hard problems associated with digital scarcity with a white paper in 2008, and launched Bitcoin in 2009. After that invention, numerous other projects came in its wake. There are now over 8,000 separate digital assets that CoinMarketCap recognizes. Of these, Ethereum is the second largest digital asset in the world by market capitalization after Bitcoin, and it enables a big ecosystem of other tokens on top of it. This gives it the only other major network effect in the space. A number of…

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