‘Ethereum Killers’ Are Helpful, Not Harmful

‘Ethereum Killers’ Are Helpful, Not Harmful
Since the launch of initial coin offerings (ICOs) like EOS and Tezos, a steady stream of alternative smart contract platforms have been labeled “Ethereum killers,” immediately pitting them against one another.During 2021, which has arguably been the biggest year of adoption among these alternative layer 1 protocols, the success of Solana, Avalanche and others has not necessarily come at the expense of Ethereum. In fact, the ecosystems are thriving in parallel with applications deploying on all chains.This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid…