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VIDEO - Nicolas Consigny (Ethereum Foundation): "No other Layer 1 will be able to catch up with Ethereum".

Louis Tellier

Published on Jul 29, 2024

Buoyed by its community and several major innovations, Ethereum seems more than ever to have closed the gap with its main challengers. According to Nicolas Consigny of the Ethereum Foundation, there are cultural and technological reasons for this.

Every week, The Big Whale publishes a "Season" on a protocol or ecosystem. For this new Season, we've decided to take a look at one of the biggest protocols since it's Ethereum!!

Launched just over ten years ago, Ethereum is now the leading programmable layer 1, far ahead of its main competitors like Solana.

To understand this dynamic, we interviewed Nicolas Consigny, who is one of the heads of the Ethereum Foundation. For the Frenchman, Ethereum's success is due to elements that are notably "cultural" and "technological".

He also considers that Ethereum will no longer be able to be caught up by the competition. "Ethereum is too far ahead today," he explains, citing the example of players in traditional finance such as BlackRock who are increasingly using Ethereum.

This analysis does not constitute investment advice. It has been written without taking into account your personal circumstances, including your financial situation, risk profile and investment objectives.

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