BlockBeats News: On March 6th, Nick Tomaino, founder of 1confirmation, posted on X stating that "the biggest question for any investor about ETH is: is it more like BTC, or is it more like XRP, ADA, SOL, and other altcoins? BTC extremists believe ETH is just another type of altcoin, while altcoin supporters believe ETH is closer to them but with poorer technology.
Confirmation will continue to double its bet on ETH, as the only two trustworthy, neutral, and sufficiently decentralized ecosystems in the world are Bitcoin and Ethereum. This gives them unique social scalability. The market may not be concerned with social scalability in the short term, but in the long run, it will become crucial