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Vitalik: Ethereum Aims to be the Global Financial Home like BitTorrent and Linux, L1

2 days ago

On January 8, Ethereum co-founder Vitalik Buterin published an article using metaphors to outline Ethereum’s vision and positioning. Ethereum draws parallels to BitTorrent—the peer-to-peer network that combines decentralization with widespread adoption—but seeks to replicate that model with a built-in consensus mechanism. It’s also analogous to Linux: the free, open-source software that never compromises, quietly relied on by billions of people, businesses, and even governments worldwide. There are Linux-based distros aimed at mass adoption, alongside highly pure, minimalist, technically elegant ones (like Arch) that prioritize user empowerment over convenience. Ethereum’s Layer 1 (L1) must serve as a financial hub (eventually expanding to include identity, social, governance, and more) for individuals and organizations pursuing greater autonomy. It should let them tap the network’s full power directly, no intermediaries required. Like the Linux model, Ethereum can balance serving a large base of value-focused users while earning the trust and support of global enterprises.
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