only ETH can succeed in bringing meaningful privacy to the space,
-too big to ban
-only chain to already survive a direct government censorship attack (TornadoCash sanctions)
-the community has the social solidarity (and modest validator hardware requirements resulting in geographical etc. diversity) to proactively resist regulatory pressure
BTC, in particular, is highly divided about censorship resistance beyond the transparent money use case (see recent op-return debates) so will never add in-protocol privacy
also, Ethereum has smart contracts, which means any privacy protocol on Ethereum can interop seamlessly with much less likelihood of leaking metadata (e.g., like with ZCash needing NEAR or Solana for DeFi because it doesn't have its own smart contracts)
19.71K
146
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.