Additionally, Ethereum is open-source code i.e. anyone can copy it. CZ from Binance copied it wholesale for the Binance Smart-Chain and Binance smart contracts are more popular at least in terms of transactions. In fact to make a BEP-20 token you just use the Ethereum ERC-20 token code and even the comments and variable names haven't been renamed from Eth to Bsc! It's that raw.

Binance also took the 'decentralised' "Proof-Of-Stake" element of Ethereum (as opposed to Proof of Work of Bitcoin; or the new shiny Proof of History of Solana) whereby you need 32 Eth to run a node (previously a trivial amount, currently $90,000!) and centralised it. Going from 11,000 ETH nodes to verify down to ...20 Binance nodes. Half of which Binance run, half of which are Binance selected affiliates. Pretty centralised, but with the same code, Binance is able to slash the fees by about 25x and the time to verify by about the same. i.e. BEP-20 token transactions can cost 20-40cents whilst ERC-20 transactions sometimes cost that in dollars. (e.g. Shib token).

One way to bypass the Eth fees is trading wrapped Eth over bridges on other blockchains like Avax, Olympus DAO etc. Or simply to move them on an exchange. Crypto.com for example one can move Eth to another crypto.com user for free. Other exchanges similarly free/cheap.


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Is the Ethereum article about investing in the Ethereum cryptocurrency or in the Ethereum company that designs and runs the Ethereum cryptocurrency?

If the latter where do we find the accounts of that company?

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The former, you can buy Eth on an crypto exchange. Similar to buying stocks at a stock exchange.

The Ethereum Foundation isn't investable, and is just a vehicle for Vitalik to organise bribery to the SEC to avoid being labelled a security like Ripple XRP is. Fnar, fnar.

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